🚨 Fed officials: there will be another rate hike this year, and another one next year
Last night, the PCE cooled off; after stocks surged earlier, they pulled back late in the session, and US Treasury yields rose across the board
BTC is stuck below 84,000—how long can this “hawk” keep it down?
📰 What happened:
· Minneapolis Fed President Kashkari (a voting member this year) said inflation of about 3% is still too high; with the data not changing the outlook, the neutral rate may be higher than expected. He expects another rate hike once more this year and again in 2027
· Goldman Sachs pushed the next hike to December but stressed that the threshold for hikes has been raised
· CME data: the probability of at least a 25-basis-point hike in October is about 37%—down from about 51% the previous day and near 71% a week ago
📊 Market reaction: After PCE, US stocks surged then reversed; Treasury yields moved higher. Gold fell more than 6% in September, and with the Iran-Iraq deadlock, September Brent crude rose nearly 8%.
🔄 For BTC: rate-hike expectations for October have cooled, but the outlook that there will still be hikes “within the year” hasn’t disappeared. Friday’s nonfarm payrolls will be the next key signal.
🎯 Key levels for BTC: 84,000 is resistance; 83,000 is support.
Do you think the Fed will hike rates again within this year? Vote in the comments 👇
$BTC $ETH
$SOL
#美联储降息周期 #加息
Last night, the PCE cooled off; after stocks surged earlier, they pulled back late in the session, and US Treasury yields rose across the board
BTC is stuck below 84,000—how long can this “hawk” keep it down?
📰 What happened:
· Minneapolis Fed President Kashkari (a voting member this year) said inflation of about 3% is still too high; with the data not changing the outlook, the neutral rate may be higher than expected. He expects another rate hike once more this year and again in 2027
· Goldman Sachs pushed the next hike to December but stressed that the threshold for hikes has been raised
· CME data: the probability of at least a 25-basis-point hike in October is about 37%—down from about 51% the previous day and near 71% a week ago
📊 Market reaction: After PCE, US stocks surged then reversed; Treasury yields moved higher. Gold fell more than 6% in September, and with the Iran-Iraq deadlock, September Brent crude rose nearly 8%.
🔄 For BTC: rate-hike expectations for October have cooled, but the outlook that there will still be hikes “within the year” hasn’t disappeared. Friday’s nonfarm payrolls will be the next key signal.
🎯 Key levels for BTC: 84,000 is resistance; 83,000 is support.
Do you think the Fed will hike rates again within this year? Vote in the comments 👇
$BTC $ETH
$SOL
#美联储降息周期 #加息