Fed Governor Waller just put a 50 bps December hike on the table, hours before CPI.
• Waller supports a 25 bps hike in December even if October inflation improves
• If core CPI comes in around 0.3% or higher, he says 50 bps should be considered
• October CPI lands at 13:30 GMT on Nov. 10
Why it matters: Fed rate expectations drive the dollar and risk appetite, and crypto often trades on shifts in those expectations.
Source: Federal Reserve Board (Governor Waller speech, Nov. 10)
Not financial advice.
💬 Is a 50 bps December hike priced into crypto yet?
#Fed #FOMC #CPI
• Waller supports a 25 bps hike in December even if October inflation improves
• If core CPI comes in around 0.3% or higher, he says 50 bps should be considered
• October CPI lands at 13:30 GMT on Nov. 10
Why it matters: Fed rate expectations drive the dollar and risk appetite, and crypto often trades on shifts in those expectations.
Source: Federal Reserve Board (Governor Waller speech, Nov. 10)
Not financial advice.
💬 Is a 50 bps December hike priced into crypto yet?
#Fed #FOMC #CPI