#FedOctoberRateHikeOddsFallTo17%
๐ Fed Rate Hike Odds Drop After Weak Jobs Data
๐บ๐ธ Market-implied odds of an October Fed rate hike fell to 17%, while the chance of no change rose to 83% after weaker U.S. jobs data.
๐ก The repricing reduces near-term tightening risk that has weighed on tech stocks and crypto.
โ ๏ธ But this is not a guarantee of easier policy. Upcoming inflation data and the Oct. 27โ28 FOMC meeting could shift expectations again.
๐ Will softer jobs data keep rate-hike odds under pressure?
#Fed #Bitcoin #CryptoMarket #EconomicData
๐ Fed Rate Hike Odds Drop After Weak Jobs Data
๐บ๐ธ Market-implied odds of an October Fed rate hike fell to 17%, while the chance of no change rose to 83% after weaker U.S. jobs data.
๐ก The repricing reduces near-term tightening risk that has weighed on tech stocks and crypto.
โ ๏ธ But this is not a guarantee of easier policy. Upcoming inflation data and the Oct. 27โ28 FOMC meeting could shift expectations again.
๐ Will softer jobs data keep rate-hike odds under pressure?
#Fed #Bitcoin #CryptoMarket #EconomicData
