The odds of a December Fed rate cut have reached new highs after the September PPI inflation report. This marks a positive for Bitcoin and the broader crypto market as crypto traders continue to increase their bets on a third rate cut this year at the December FOMC meeting.
December Fed Rate Cut Odds Surge To 85% Following PPI Release
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share





