A post by @WatcherGuru on X.
JUST IN: Odds of the Fed raising interest rates by 25 basis points at this month's FOMC meeting crash.
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Odds of a 25-basis-point Fed rate hike at this month's FOMC meeting have fallen sharply, according to a Watcher.Guru market alert. The drop signals traders are pricing out further tightening ahead of the meeting, a shift that matters for rate-sensitive assets including crypto. What to watch next is the CME FedWatch positioning into the FOMC decision and whether the move holds as economic data arrives.
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Named in this story
Federal Reserve, FOMC