The US Federal Reserve (FED) will announce its interest rate decision today at 21.00 CEST. What are the market expectations?
Despite the US September inflation data exceeding expectations, the market pending 100 basis points There was no increase in the number of investors.
When the inflation data announced on October 13 came above expectations, investors thought that the interest rate hike would become aggressive, and they exited both the crypto money market and traditional markets. However, Bitcoin, which declined to $ 18,100 that day, later rose to $ 21,000.
Futures market Chicago Mercantile Exchange (CME) Group, 87.5% 75 percent, 12.5% 50 basis points while the expectation 100 basis points has no expectations.
Almost the entire financial sector looks at the Fed’s 75 basis points interest rate hike tonight as certain.
As the market expects 75 basis points, Bitcoin is thought to be priced according to this interest increase. by many market commentators 50 basis points In this case, it is thought that Bitcoin will start to rise.