Dallas Fed President Lorie Logan says the Fed needs at least two more 25 bps rate hikes, and they may come faster this winter.
• Logan: the FOMC needs at least two more 25 bps increases, possibly moving more rapidly this winter
• She estimates the fed funds range is at least 50 bps below a modestly restrictive level
• The Fed hiked in September and skipped in October; the next FOMC meeting is December 8-9
Why it matters: Fed rate expectations drive the dollar and risk appetite, and crypto often trades on shifts in those expectations.
Source: Dallas Fed (President Logan speech, Nov. 10)
Not financial advice.
💬 Are two more Fed hikes already priced into crypto?
#Fed #FOMC #RateHike
• Logan: the FOMC needs at least two more 25 bps increases, possibly moving more rapidly this winter
• She estimates the fed funds range is at least 50 bps below a modestly restrictive level
• The Fed hiked in September and skipped in October; the next FOMC meeting is December 8-9
Why it matters: Fed rate expectations drive the dollar and risk appetite, and crypto often trades on shifts in those expectations.
Source: Dallas Fed (President Logan speech, Nov. 10)
Not financial advice.
💬 Are two more Fed hikes already priced into crypto?
#Fed #FOMC #RateHike