Fed Rate Cut a Done Deal? 115 Economists Give Their Answer

According to the latest Reuters poll, 115 out of 117 economists predict the Federal Reserve will cut rates by 25 basis points on October 29, with only 2 dissenting. This basically means the decision to cut is set in stone.

Key information:
• Probability of rate cut >99% (115/117 voting weight ))
• Date: October 29, Eastern Time
• Rate cut: 25bp (0.25%)

What does this mean for crypto? Rate cuts = increased liquidity = risk assets bottoming out. Highly volatile assets like BTC and ETH often enter an upward cycle. The market is already pricing this in—bond yields are dropping, and the stock market is cautiously optimistic.

Interestingly, this round of rate cuts isn’t just a signal of easing inflation; it’s also a sign of the Fed compromising on economic growth—geopolitical risks, job market uncertainty, and slowing global growth are putting triple pressure, forcing a looser policy.

If the Fed does follow through, Q4 could be a turning point for the crypto market. But don’t get too optimistic—there’s still plenty of news risk between rate cut expectations and actual implementation.