🔴 Bearish
🚨 Inflation Fears Mount as Fed Chair Hints at Possible Q4 Rate Hike!
Whispers are circulating about an unscheduled Federal Reserve meeting soon, with hints of a potential interest rate hike later in Q4 to combat persistent inflation. August inflation data (Aug 12) and the Jackson Hole speech (Aug 27-29) are key events to watch.
📊 Market Impact: This could bring significant volatility and put selling pressure on risk assets like crypto. Watch for $BTC to test key support around $60,000.
#Macro #Fed
🚨 Inflation Fears Mount as Fed Chair Hints at Possible Q4 Rate Hike!
Whispers are circulating about an unscheduled Federal Reserve meeting soon, with hints of a potential interest rate hike later in Q4 to combat persistent inflation. August inflation data (Aug 12) and the Jackson Hole speech (Aug 27-29) are key events to watch.
📊 Market Impact: This could bring significant volatility and put selling pressure on risk assets like crypto. Watch for $BTC to test key support around $60,000.
#Macro #Fed