
Reuters poll: all 100 economists expect a Fed rate hike in December
- —All 100 economists surveyed expect a December Fed rate hike
- —94 respondents forecast the rate held at 3.75%–4.00% this month
- —A month earlier, fewer than half expected a December increase
- —Mizuho's Pelle sees a 50 bp hike as more likely than no hike
Why it matters: Tighter Fed policy weighs on risk assets including bitcoin and could deepen outflows from crypto ETFs.
Source: Bloomingbit