Macro· ★★★★· bearish·

Fed's Barr Says More Rate Hikes May Be Needed as October Odds Slip

  • —Barr: risks to reaching the 2% inflation target have increased
  • —The Fed delivered its first hike since 2023 in September
  • —Polymarket odds of an October hike fell to 50% from 70%
  • —Markets await PCE inflation and September jobs data
Why it matters: Fed policy and upcoming macro data are key drivers for bitcoin and risk assets in the near term.
#BTC
Source: CoinGape
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