Fed December Rate Hike Looking Almost Certain 👀
Another strong inflation report has increased expectations of a Fed rate hike in December.
The big question now is not just whether the Fed will raise rates, but how much.
Three options are being discussed:
* A normal 0.25% hike.
* A larger 0.50% hike.
* Faster back-to-back 0.25% increases.
The final decision on the pace could come down to Fed Chair Jerome Powell.
Hmm… well, Higher interest rates can put pressure on risk assets like Bitcoin and crypto. The next inflation data and Powell’s comments will be important to watch.
#HotCPIDecemberHikePriced #cryptofirst21
$AGT $SNXXB $MUUB
Another strong inflation report has increased expectations of a Fed rate hike in December.
The big question now is not just whether the Fed will raise rates, but how much.
Three options are being discussed:
* A normal 0.25% hike.
* A larger 0.50% hike.
* Faster back-to-back 0.25% increases.
The final decision on the pace could come down to Fed Chair Jerome Powell.
Hmm… well, Higher interest rates can put pressure on risk assets like Bitcoin and crypto. The next inflation data and Powell’s comments will be important to watch.
#HotCPIDecemberHikePriced #cryptofirst21
$AGT $SNXXB $MUUB
