Fed Slows Down, but Markets Are Still Holding Their Breath
Early-week breaking news: the Fed may pause rate hikes this October, with just a 15% chance of another increase. That might sound like a bit of a relief, but don’t celebrate just yet, folks. Inflation is still stubborn and oil prices are high, so a rate hike in December is still on the table. The market is betting on an 89% chance of a 25-basis-point increase in the final month of the year.
This is just my personal take, not investment advice. What do you think about the situation? Will the Fed really pause hikes in October, only to raise rates again in December?
#Tinfed #bitcoin
Early-week breaking news: the Fed may pause rate hikes this October, with just a 15% chance of another increase. That might sound like a bit of a relief, but don’t celebrate just yet, folks. Inflation is still stubborn and oil prices are high, so a rate hike in December is still on the table. The market is betting on an 89% chance of a 25-basis-point increase in the final month of the year.
This is just my personal take, not investment advice. What do you think about the situation? Will the Fed really pause hikes in October, only to raise rates again in December?
#Tinfed #bitcoin