Core CPI is only 2.6%, but rate hike expectations are soaring! Markets are on edge over the Fed’s possible moves.
U.S. CPI rose 3.7% year over year in September, above expectations. The surprising driver was a sharp increase in energy prices: gasoline surged 9.1% in a single month. This detail directly affected market expectations for Fed policy.
Data from CME FedWatch show that the probability of a 25-basis-point rate hike jumped from 22.1% a day earlier to 33.2%, with markets reacting quickly. Volatile energy prices have become the biggest source of uncertainty for markets, and investors need to keep a close eye on them.
How will $BTC and other crypto assets respond to the volatility triggered by this CPI data? Could the market be in for another bout of turbulence?
#宏观经济 #Fed
U.S. CPI rose 3.7% year over year in September, above expectations. The surprising driver was a sharp increase in energy prices: gasoline surged 9.1% in a single month. This detail directly affected market expectations for Fed policy.
Data from CME FedWatch show that the probability of a 25-basis-point rate hike jumped from 22.1% a day earlier to 33.2%, with markets reacting quickly. Volatile energy prices have become the biggest source of uncertainty for markets, and investors need to keep a close eye on them.
How will $BTC and other crypto assets respond to the volatility triggered by this CPI data? Could the market be in for another bout of turbulence?
#宏观经济 #Fed