Macro· ★★★· bearish·

CITIC Securities still expects a 25bp Fed hike in December

  • —CITIC Securities expects the Fed to raise rates by 25bp in December
  • —The Fed held rates in October with a more upbeat statement on growth
  • —Warsh cited tighter credit conditions and improving inflation expectations
  • —CITIC sees the terminal rate for this cycle as close to current levels
Why it matters: The call points to further Fed tightening that could weigh on liquidity and risk assets, including bitcoin.
#BTC
Source: ChainCatcher 链捕手
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