Yes, it is very aggressive.
Check this site about interest rates expectations:
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

grayruby

Based on expections, in May 2024 the FED will make a pivot on the interest rates.

About how aggressively...I think will be extremelly aggressive...I expect a down under 2%.

Btw...this period coincide with election, and the Bitcoin halving...maybe they will search a reason to cut more aggressively.

My opinion is, that once the pivot will be active, a dump is more than possible... BUT... I think it will be a very short term dump, maximum 1-2 weeks...maybe a crash is not excluded...or a black swan? IDK (I have no cristal globe), but we will see ;)

Meta Econ Takeover Day 42

Undisciplined

Yes, I agree with you!
Based on expections, in May 2024 the FED will make a pivot on the interest rates.
About how aggressively...I think will be extremelly aggressive...I expect a down under 2%.
Btw...this period coincide with election, and the Bitcoin halving...maybe they will search a reason to cut more aggressively.
My opinion is, that once the pivot will be active, a dump is more than possible... BUT... I think it will be a very short term dump, maximum 1-2 weeks...maybe a crash is not excluded...or a black swan? IDK (I have no cristal globe), but we will see ;)