Reuters poll: All 100 economists are betting on a December rate hike, up from fewer than half last month. Sentiment is changing faster than you can turn a page.
With CPI at 3.7% and PPI at 6.3%, sticky inflation clearly hasn’t eased.
Brent crude at $110 a barrel, a five-month high; energy costs have killed any hopes of rate cuts.
$BTC 82900 dollars (about +1%) and $BNB 743 dollars (about +1.7%) are moving too. Better to hold onto core positions than keep trading.
I’ll put my cards on the table first: I’m betting on a rate hike in December. Rate-hike supporters and those betting on a softer outcome, show your cards in the comments.
#FederalReserve
With CPI at 3.7% and PPI at 6.3%, sticky inflation clearly hasn’t eased.
Brent crude at $110 a barrel, a five-month high; energy costs have killed any hopes of rate cuts.
$BTC 82900 dollars (about +1%) and $BNB 743 dollars (about +1.7%) are moving too. Better to hold onto core positions than keep trading.
I’ll put my cards on the table first: I’m betting on a rate hike in December. Rate-hike supporters and those betting on a softer outcome, show your cards in the comments.
#FederalReserve
