Macro· ★★★★· bullish·

October rate hike odds retreat below 30%

  • —Odds of an Oct. 28 rate hike dropped to 27.1%
  • —A day earlier the market priced 50%
  • —CME FedWatch data show a sharp shift in expectations
Why it matters: Easing rate-hike expectations reduce pressure on risk assets, including bitcoin and the broader crypto market.
Source: Seeking Alpha Crypto
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