Key Highlights: Financial markets price in a 90.6% probability that the Federal Reserve will hold interest rates steady in October, compared to a 10% chance of a 0.25 percentage point hike. Internal Fed divisions persist: Vice Chairman Philip Jefferson and New York Fed President John Williams advocate for patience, while other regional presidents warn further ...
Key Highlights: Market sentiment has dramatically pivoted, with expectations of the Federal Reserve keeping interest rates unchanged at the October meeting rising above 90%, compared to a 64.2% rate-hike probability seen on September 25. Pricing for the December 9 meeting signals further tightening, with CME FedWatch indicating a combined 74.2% probability that benchmark rates will ...
Key Highlights Hotter-than-expected September US Consumer Price Index (CPI) figures are dampening expectations for Federal Reserve monetary easing. Market pricing reflects a 90.6% probability that interest rates will stay unchanged in October, alongside a 68.8% chance of an interest rate hike in December. CoinShares notes that while spot demand supports Bitcoin, macroeconomic headwinds such as ...
Key Highlights: Consumer prices climbed 3.7% year-over-year through September, powered by a 0.6% monthly surge fueled by energy costs linked to the war with Iran. Market expectations for an interest rate hike by the Federal Reserve have spiked across CME FedWatch and prediction markets like Polymarket and Myriad ahead of the October 28 policy decision. ...
Key Highlights Core Consumer Price Index (CPI) climbed 2.6% year-over-year, beating expectations and driving odds of an October Federal Reserve interest rate hike to between 44% and 49%. Surging Treasury yields and macroeconomic pressure triggered over $281 million in total crypto liquidations across 24 hours, heavily impacting leveraged Bitcoin long positions. Bitcoin traded near $82,211 ...
Key Highlights: Hotter-than-expected Consumer Price Index (CPI) data has sharply elevated market expectations for Federal Reserve monetary policy tightening. CME FedWatch pricing shows the odds of an October 25-basis-point rate hike surging to 49.3%, while the likelihood of rates holding steady dropped to 50.7%. Bank of America analysts, as reported by CNBC, now forecast that ...
Key Highlights: Federal Reserve official Williams reaffirmed that an additional interest rate increase may be warranted this year to curb inflation. Williams projected that artificial intelligence investments will remain resilient against restrictive monetary policy due to high investor enthusiasm for transformative productivity gains. Bitcoin mining operations pivoting toward AI cloud services, including IREN and Riot, ...
Key Highlights: Goldman Sachs moved its forecast for the Federal Reserve’s next interest rate hike from October to December. August core PCE inflation slowed to 3.0% year on year, below the 3.3% market forecast. Strong US consumer spending could keep pressure on the Federal Reserve despite softer inflation data. Goldman Sachs Delays Federal Reserve Rate ...
Key Highlights: Bitcoin fell after briefly rising above $87,000 and is now trading near $83,000. New York Fed President John Williams said there is “no need to rush” into another monetary policy step. Market-implied expectations for an October Fed rate hike dropped from about 70% to below 50% as investors assessed the latest PCE data. ...
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 ...
Key Highlights Federal Reserve Board Governor Michael Barr said the Fed may need to raise interest rates further. The goal is to bring inflation down to the Federal Reserve’s 2% target. Crypto traders have reduced their bets on a possible October rate hike, which would be the second increase this year. Michael Barr Says Further ...
Key Highlights Major Wall Street banks have shifted to more hawkish rate forecasts following the Federal Reserve’s September 25 basis point hike, with the median analyst prediction now pointing to one additional 25 basis point increase. Forecasts are split on timing: NatWest, Swedbank, and Goldman Sachs see an October hike, while Standard Chartered and Commerzbank ...