Fed's Jefferson Signals October Rate Pause as Hike Odds Fall
- —Jefferson: future policy moves should be data-dependent and may take more time
- —October hike odds on Polymarket dropped to 23% from 70%
- —Goldman Sachs pushed its second rate hike forecast to December
- —Kashkari remains open-minded but expects more hikes into the new year
Why it matters: A Fed pause eases pressure on risk assets and supports bitcoin and the broader crypto market in the near term.
Source: CoinGape