Tonight at 2 a.m., the Fed will announce its interest rate decision.
Markets are pricing in an 88% to 90% chance that rates will stay put, with the 3.75%–4.00% range very likely to remain unchanged. So the real thing to watch isn’t the decision itself, but Warsh’s press conference at 2:30. Will he say, “We’ll hike once more in December”?
September’s CPI rose 3.7% year over year, up from 3.4% in August. With inflation ticking up, the Fed doesn’t have much reason to sound dovish.
BTC is at $80,800 right now, up 0.6% over the past 24 hours. The Fear and Greed Index is at 51—a classic “waiting for news” market.
My take is that whether holding rates steady is the last bit of bad news for crypto or whether prices keep drifting down depends on the Fed’s wording. What do you think—will we get a quick dip first tonight, or will prices rally right away?
#美联储 #FOMC #BTC #RateHike
(Not investment advice)
Markets are pricing in an 88% to 90% chance that rates will stay put, with the 3.75%–4.00% range very likely to remain unchanged. So the real thing to watch isn’t the decision itself, but Warsh’s press conference at 2:30. Will he say, “We’ll hike once more in December”?
September’s CPI rose 3.7% year over year, up from 3.4% in August. With inflation ticking up, the Fed doesn’t have much reason to sound dovish.
BTC is at $80,800 right now, up 0.6% over the past 24 hours. The Fear and Greed Index is at 51—a classic “waiting for news” market.
My take is that whether holding rates steady is the last bit of bad news for crypto or whether prices keep drifting down depends on the Fed’s wording. What do you think—will we get a quick dip first tonight, or will prices rally right away?
#美联储 #FOMC #BTC #RateHike
(Not investment advice)