Macro· ★★★· neutral·

Moody's Zandi urges Fed to hold rates at this week's meeting

  • —Zandi said the Fed will not and should not raise rates this week
  • —Moody's risk matrix scores probability and damage of risks over 12–18 months
  • —The Fed raised rates by 25 bp to 3.75–4.00% in September
  • —The FOMC meets Oct. 27–28, with the statement due Oct. 28 at 2 p.m. ET
Why it matters: The Fed's decision will set the tone for risk assets, including bitcoin, which is pinned near $80,000.
#BTC
Source: TokenPost
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