FOMC September: What After The CPI Rise?
The core CPI rose by 0.3% MoM in August, pushing the probability of a 25 bps rate hike this week to nearly 90%.
In my view, this is not just a one-off case, but could be the start of a longer tightening cycle if inflation persists.
How will it affect the market? If the hike happens, I expect short-term pressure on Bitcoin (BTC) and tech stocks due to a stronger dollar, while gold could benefit in the medium term as a safe haven. The impact will be bearish in the short term and bullish later.
My trading plan: I will reduce my BTC and stock positions before the decision and keep cash on hand to enter after the Fed's tone becomes clearer. I will share my positions via our Trade Sharing tool.
Do you expect a rate hike this week?
#FedRateWatch
The core CPI rose by 0.3% MoM in August, pushing the probability of a 25 bps rate hike this week to nearly 90%.
In my view, this is not just a one-off case, but could be the start of a longer tightening cycle if inflation persists.
How will it affect the market? If the hike happens, I expect short-term pressure on Bitcoin (BTC) and tech stocks due to a stronger dollar, while gold could benefit in the medium term as a safe haven. The impact will be bearish in the short term and bullish later.
My trading plan: I will reduce my BTC and stock positions before the decision and keep cash on hand to enter after the Fed's tone becomes clearer. I will share my positions via our Trade Sharing tool.
Do you expect a rate hike this week?
#FedRateWatch