Key Highlights The ISM Prices Index rose to 77.9 in September, reflecting broader reports of monthly input-cost increases rather than a 77.9% inflation rate. Higher input prices were reported by 58.6% of respondents, up from 46.2% in August, adding to the Federal Reserve’s policy debate. Bitcoin’s response will depend on whether upcoming employment data strengthens ...
Key Highlights: Market-implied expectations for a Federal Reserve interest-rate hike in October fell from approximately 70% to 50%. New York Fed President John Williams said there is “no need to rush” into another monetary policy move. Williams said inflation remains very high, while the Fed has had enough time to assess economic data since its ...
September 15 is shaping up to be a potentially pivotal day for financial markets, with monetary policy, economic data and crypto regulation all converging. The…