CME FedWatch: odds of a 25 bps Fed rate hike in September at 88.7%
- —Probability of a 25 bps rate hike in September is 88.7%
- —CME FedWatch data as of Sept. 16
- —The decision will be made by the FOMC at its September meeting
Why it matters: Fed tightening weighs on risk assets, including bitcoin and altcoins, ahead of the FOMC meeting.
Source: Bloomingbit