🚨 Today is Federal Day 🇺🇸
Markets are currently pricing in about a 93% chance of a rate hike, and if it actually happens, it will be the first hike since July 2023.
What’s strange is that Kevin Warsh came in to lead the Federal Reserve amid expectations that he would be heading toward rate cuts, but inflation and higher oil prices completely changed the picture.
Honestly, I’m more interested in what Warsh will say after the decision, and the Dot Plot—whether this hike will just be a single step or the start of a new path.
Today could be one of the most sensitive days for the market.
In the upcoming posts, I’ll talk about the possible scenarios and the impact of each one on crypto
#FedRateWatch
Markets are currently pricing in about a 93% chance of a rate hike, and if it actually happens, it will be the first hike since July 2023.
What’s strange is that Kevin Warsh came in to lead the Federal Reserve amid expectations that he would be heading toward rate cuts, but inflation and higher oil prices completely changed the picture.
Honestly, I’m more interested in what Warsh will say after the decision, and the Dot Plot—whether this hike will just be a single step or the start of a new path.
Today could be one of the most sensitive days for the market.
In the upcoming posts, I’ll talk about the possible scenarios and the impact of each one on crypto
#FedRateWatch
