Macro· ★★★★· bearish·

Pantheon Macro expects Fed rate hike of 25 bps as disinflation stalls

  • Pantheon changed its forecast to a 25 bps Fed rate hike
  • The reason is an "uncomfortably hot" August CPI
  • Disinflation in the U.S. has stalled, according to Pantheon
Why it matters: Rising expectations of a rate hike increase pressure on risk assets, including bitcoin and the crypto market.
Source: Seeking Alpha Crypto