●Bank of America now expects the U.S. Federal Reserve to cut interest rates at its meeting next week, signaling an earlier‑than‑expected policy pivot.
●Subsequent reporting points to a 25 bps cut as the anticipated move, aligning with strongly dovish market pricing.
●Polymarket prediction markets show roughly 90% odds of a 25 bps December cut, and traders are monitoring how crypto might respond versus prior easing cycles.