Basically confirmed that there will be a rate hike next week, but market pricing is already more than once.
WSJ sets the tone tonight: the hike is likely to be very limited—only once. Futures are pricing at least three hikes by June next year, up from one week ago; the probability of another hike in October jumps from 27% to 42%.
For cash-flow-free assets like $BTC , opportunity cost needs to be recalculated. On the 15th–16th, it’s not only whether there will be a hike, but what Warsh says after he finishes the hike.
#美联储 #BTC
WSJ sets the tone tonight: the hike is likely to be very limited—only once. Futures are pricing at least three hikes by June next year, up from one week ago; the probability of another hike in October jumps from 27% to 42%.
For cash-flow-free assets like $BTC , opportunity cost needs to be recalculated. On the 15th–16th, it’s not only whether there will be a hike, but what Warsh says after he finishes the hike.
#美联储 #BTC