
CME FedWatch: 79.6% odds of a December Fed rate hike
- —December hike odds at 79.6%, hold at 20.4%
- —Fed held rates at 3.75–4.00% on October 28
- —Two FOMC members dissented in favor of a 25 bps hike
Why it matters: Rising tightening expectations weigh on risk assets, including bitcoin and altcoins.
Source: TokenPost