๐Ÿšจ MARKETS ARE NOW PRICING AN ~86% CHANCE OF A FED RATE HIKE. ๐Ÿ‡บ๐Ÿ‡ธ
The odds of a 25bps hike at the September FOMC have surged ahead of the decision.
๐Ÿ“ˆ 25bps hike โ†’ ~86% probability
โธ๏ธ Hold โ†’ ~14%
๐Ÿ”ฅ Odds jumped sharply after CPI
๐Ÿ“Š 2Y Treasury yield โ†’ Recently climbed into the 4.6% range
๐Ÿ‘ป Ghost's Take
A 25bps hike is already heavily priced in.
The bigger question is what the Fed signals comes next.
25bps + a hawkish Fed could mean more volatility for risk assets. ๐Ÿ‘€๐Ÿ“‰
$BTC $ETH #Fed #FOMC