🚨 25 basis points… but what next?
#FedRateWatch
Core CPI rose in August by 0.3% month-on-month, and expectations of a 25 basis-point rate hike this week are now close to 90%.
My take: a 25bps hike is the most likely scenario, but what matters most will be what Powell says about the upcoming meetings. Are we looking at a one-off hike or the start of a new tightening cycle?
📉 BTC: it may face short-term pressure if the dollar and yields rise, but a less hawkish tone could push it higher quickly.
💻 Technology stocks: rising yields could weigh on them, especially stocks with high valuations.
🥇 Gold: it may fall first with a stronger dollar, but it could benefit later if inflation and economic concerns persist.
🎯 My plan: I won’t chase the first move after the decision. I’ll watch DXY + the 10Y yield + BTC to gauge the direction of liquidity before entering.
The decision may already be priced in… the real surprise will be in the Federal Reserve’s next step.
🔥 One hike only or the start of a new tightening cycle?
#FOMC #bitcoin #FedRateWatch #Crypto
#FedRateWatch
Core CPI rose in August by 0.3% month-on-month, and expectations of a 25 basis-point rate hike this week are now close to 90%.
My take: a 25bps hike is the most likely scenario, but what matters most will be what Powell says about the upcoming meetings. Are we looking at a one-off hike or the start of a new tightening cycle?
📉 BTC: it may face short-term pressure if the dollar and yields rise, but a less hawkish tone could push it higher quickly.
💻 Technology stocks: rising yields could weigh on them, especially stocks with high valuations.
🥇 Gold: it may fall first with a stronger dollar, but it could benefit later if inflation and economic concerns persist.
🎯 My plan: I won’t chase the first move after the decision. I’ll watch DXY + the 10Y yield + BTC to gauge the direction of liquidity before entering.
The decision may already be priced in… the real surprise will be in the Federal Reserve’s next step.
🔥 One hike only or the start of a new tightening cycle?
#FOMC #bitcoin #FedRateWatch #Crypto