Macro· ★★★★· neutral·

Warsh: Fed won't pre-signal rate decision

  • —Warsh: no advance signal on the Oct. 27–28 FOMC decision
  • —Fed raised rates by 25 bps to 3.75–4.00% in September
  • —US September CPI rose 3.7% y/y vs 3.6% expected
Why it matters: Rate uncertainty raises volatility for bitcoin and risk assets ahead of the FOMC meeting.
Source: Bloomingbit