#FedOctoberRateHikeOddsFallTo17%
Lower near term tightening expectations can improve the liquidity backdrop for risk assets like $BTC , though inflation and upcoming data remain key.
Trump has consistently pushed for lower rates, arguing that high rates hurt US borrowing and competitiveness. He has publicly pressured the Fed on this.
Importantly, Fed officials themselves are now sounding more cautious. Vice Chair Philip Jefferson and Chicago Fed President Austan Goolsbee have indicated that more data may be needed before another hike.
Keep public pressure on borrowing costs while economic data increasingly provides a justification for the Fed to pause. That's an interpretation, not an established fact.
And the interesting part is, treasury yields remain very high, with the 10 years reportedly around 5.28%. #BinanceSquareFamily đ#Mahanadi
Lower near term tightening expectations can improve the liquidity backdrop for risk assets like $BTC , though inflation and upcoming data remain key.
Trump has consistently pushed for lower rates, arguing that high rates hurt US borrowing and competitiveness. He has publicly pressured the Fed on this.
Importantly, Fed officials themselves are now sounding more cautious. Vice Chair Philip Jefferson and Chicago Fed President Austan Goolsbee have indicated that more data may be needed before another hike.
Keep public pressure on borrowing costs while economic data increasingly provides a justification for the Fed to pause. That's an interpretation, not an established fact.
And the interesting part is, treasury yields remain very high, with the 10 years reportedly around 5.28%. #BinanceSquareFamily đ#Mahanadi
