Market prices in three more Fed rate hikes through June 2027
- —Rate raised by 0.25 pp to 3.75–4.00% — first hike since 2023
- —Market prices in three additional hikes through June 2027
- —2026 PCE forecast raised from 3.6% to 3.7%, core PCE to 3.4%
- —Dollar index up 0.5% — highest since June 17
Why it matters: Fed tightening weighs on risk assets and bitcoin while supporting the dollar and Treasury yields.
Source: Blockmedia