Will the Fed pause in October? The minutes just dropped ๐
Rates are at 3.75%โ4.00% after September's hike, and most officials say another increase may be needed this year if inflation stays sticky.
The next meeting is Oct 27โ28. Higher-for-longer rates usually weigh on risk assets like $BTC and $ETH .
Pause could mean relief. Another hike could mean a test of $80K.
Which one are you betting on? ๐
#FedMinutesFocusOnOctoberPause #Bitcoin #Fed #BinanceSquare
Not financial advice.
Rates are at 3.75%โ4.00% after September's hike, and most officials say another increase may be needed this year if inflation stays sticky.
The next meeting is Oct 27โ28. Higher-for-longer rates usually weigh on risk assets like $BTC and $ETH .
Pause could mean relief. Another hike could mean a test of $80K.
Which one are you betting on? ๐
#FedMinutesFocusOnOctoberPause #Bitcoin #Fed #BinanceSquare
Not financial advice.