#OctoberFedHikeOddsFallToAround17%
🇺🇸 Warsh Stays Quiet, Fed Hike Bets Fade
Fed Chair Kevin Warsh spoke at the IMF meetings in Bangkok on Friday and gave no hint on the next move.
🗣️ "I don't prejudge meetings," he said, adding the Fed is no longer in the forward guidance business
📉 Odds of an October hike fell from about 28% to around 15-17%
📅 The Fed meets Oct 27-28, after raising rates to 3.75%-4.00% in September, its first hike since 2023
⚠️ Inflation is still hot: September CPI 3.7%, PPI 6.3% y/y
🏦 Goldman now expects a pause in October and a final hike in December
BTC trades near $82.3K, up ~1.6% in 24h.
What it means for crypto: a likely October pause eases near-term pressure on risk assets, but a December hike is still priced in, so rate risk hasn't gone away.
Pause in October, then hike in December, or no more hikes at all? 👇
$BTC $ETH
#CryptoNews #Fed #Macro #OctoberFedHikeOddsFallToAround17%
🇺🇸 Warsh Stays Quiet, Fed Hike Bets Fade
Fed Chair Kevin Warsh spoke at the IMF meetings in Bangkok on Friday and gave no hint on the next move.
🗣️ "I don't prejudge meetings," he said, adding the Fed is no longer in the forward guidance business
📉 Odds of an October hike fell from about 28% to around 15-17%
📅 The Fed meets Oct 27-28, after raising rates to 3.75%-4.00% in September, its first hike since 2023
⚠️ Inflation is still hot: September CPI 3.7%, PPI 6.3% y/y
🏦 Goldman now expects a pause in October and a final hike in December
BTC trades near $82.3K, up ~1.6% in 24h.
What it means for crypto: a likely October pause eases near-term pressure on risk assets, but a December hike is still priced in, so rate risk hasn't gone away.
Pause in October, then hike in December, or no more hikes at all? 👇
$BTC $ETH
#CryptoNews #Fed #Macro #OctoberFedHikeOddsFallToAround17%