Kalshi: Fed rate hike odds rise to 87%, market prices a second hike in December
- —Probability of a 25 bps rate hike on Kalshi is 87% versus 30% on August 27
- —The market has begun pricing a repeat rate hike in December
- —The Fed will publish its SEP and dot plot today along with the rate decision
- —Warsh tends toward restrained comments, and the market will focus on the number of dissenting votes
Why it matters: A more hawkish rate path increases pressure on Bitcoin and risk assets, shaping market dynamics for the coming weeks.
Source: PANews