🔥 CPI came in HOT — and now the Fed is talking about a 50-point hike!
October CPI rose 0.4% (expected 0.3%). Core CPI rose 0.3% for the third month in a row.
Fed Governor Waller said a core reading like this means a 50-point hike "should be considered" in December. Traders now fully expect a hike — the only question is 25 or 50.
$BTC fell to $72,727 after the news — its lowest since August. $ETH fell to ~$2,050 too.
Is the Fed about to go bigger than everyone thought? 👇
#bitcoin #BTC #Fed
(Info only, not financial advice)
October CPI rose 0.4% (expected 0.3%). Core CPI rose 0.3% for the third month in a row.
Fed Governor Waller said a core reading like this means a 50-point hike "should be considered" in December. Traders now fully expect a hike — the only question is 25 or 50.
$BTC fell to $72,727 after the news — its lowest since August. $ETH fell to ~$2,050 too.
Is the Fed about to go bigger than everyone thought? 👇
#bitcoin #BTC #Fed
(Info only, not financial advice)
