#CPITestsDecemberRateOutlook
ONE NUMBER ON TUESDAY WILL DECIDE THE FATE OF CRYPTOCURRENCIES IN DECEMBER
The countdown to the macroeconomic shock has already begun, and the tension is in the air.
October's CPI is the last piece of the puzzle before the December 8 and 9 FOMC meeting. And the detail that complicates everything is that November's CPI won't be released until the 10th, one day after the Fed's decision.
The math is brutal. If core CPI comes in at 0.3 percent or higher, the chance of an interest rate hike jumps to nearly 85 percent. The Fed, whose rates are already between 3.75 percent and 4.00 percent, may pull the trigger.
The big question is whether we'll get the relief of 0.2 percent or the explosion of 0.3 percent. What are you betting on for Tuesday?
$ONE
$AIN
$LYN
#CPITestsDecemberRateOutlook
ONE NUMBER ON TUESDAY WILL DECIDE THE FATE OF CRYPTOCURRENCIES IN DECEMBER
The countdown to the macroeconomic shock has already begun, and the tension is in the air.
October's CPI is the last piece of the puzzle before the December 8 and 9 FOMC meeting. And the detail that complicates everything is that November's CPI won't be released until the 10th, one day after the Fed's decision.
The math is brutal. If core CPI comes in at 0.3 percent or higher, the chance of an interest rate hike jumps to nearly 85 percent. The Fed, whose rates are already between 3.75 percent and 4.00 percent, may pull the trigger.
The big question is whether we'll get the relief of 0.2 percent or the explosion of 0.3 percent. What are you betting on for Tuesday?
$ONE
$AIN
$LYN
#CPITestsDecemberRateOutlook
