Macro· ★★★★· neutral·

Odds of a Fed rate hike in October fall from 70% to 17%

  • —October hike odds fell to 17% from 70% over three weeks
  • —Sahm backs a 25bp hike to 4.00-4.25% on inflation concerns
  • —August PCE inflation was 3.4%; September core CPI about 4%
  • —Citi expects the Fed to hold in both October and December
Why it matters: Fed policy drives liquidity and risk appetite, including bitcoin; the October 28 FOMC outcome will set the market's tone.
#BTC
Source: TokenPost
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