MUFG: market has priced in a 25 bps Fed hike, dollar needs a more hawkish signal
- —Market has almost fully priced in a 25 bps Fed rate hike
- —About 95 bps of hikes are priced in by September 2027
- —MUFG: the dollar needs a signal of a prolonged tightening cycle to rise
- —Fed decision on September 17, Powell's press conference at 3:30 Moscow time
Why it matters: The Fed's tone on further tightening will determine the trajectory of the dollar and risk assets, including bitcoin.
Source: TokenPost