Fed Expected to Hike Rates at Wednesday Meeting Under Kevin Warsh
- —Probability of a rate hike at the FOMC meeting is over 92%
- —Rate will rise from 3.5–3.75% to 3.75–4.0%
- —Odds of a December hike exceed 75%
- —August inflation: 3.4% headline, 2.4% core
Why it matters: Fed tightening pressures risk assets including bitcoin; the market awaits an updated dot plot and signals on the future path.
Source: Yahoo Finance Crypto