After the FOMC meeting, the market predicts that the probability of the US Federal Reserve system not cutting interest rates this year has risen to 89%. （Watcher.Guru）
AI interpretation: The Federal Reserve's policy stance of maintaining high interest rates has become a market consensus, and this extremely high probability of not cutting interest rates reflects the market's deep concern about inflation stickiness. The current monetary policy environment will remain tight for the long term, and the pressure of capital costs will continue to suppress the performance of risk assets. This pricing logic has completely ended the illusion of short-term loose policies, forcing investors to reassess asset valuation models. The high interest rate environment will continue to serve as the benchmark for economic operation, and the market has fully accepted the reality that interest rates will remain high for a longer period of time.
