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Wall Street Bets on Fed Rate Hike: Here's What It Means for Bitcoin, Bonds and Trump

Nearly every major bank now expects the Fed to raise rates for the first time in three years. Markets have mostly priced it in, but the political fallout could run deeper than one hike.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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07-07 22:33Important

The probability of the Federal Reserve keeping interest rates unchanged in July is 73.3%, and the probability of a rate hike in September is 52.7%.

According to ChainCatcher, citing Jinshi, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 73.3%, and the probability of a cumulative 25 basis point rate hike is 26.7%. By September, the probability of keeping interest rates unchanged is 32.4%, the probability of a cumulative 25 basis point rate hike is 52.7%, and the probability of a cumulative 50 basis point rate hike is 14.9%.

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