Markets expect Fed to hold rates at Oct 27–28 meeting; Warsh must explain why
- —October hike odds fell from over 70% to below 30%
- —The Fed already raised rates once in September
- —Nasdaq 100 is down more than 7% from its Oct. 6 record high
- —10-year Treasury yields held above 5% for several weeks
Why it matters: The Fed decision will set the direction for risk assets, including bitcoin, which is hovering near $80,000 ahead of the meeting.
Source: ChainCatcher 链捕手