Citadel Expects Fed Rate Hike Wednesday on 25 Basis Points, Market Pricing No Change

CME1.82%
BTC1.41%
According to CoinDesk, Citadel, which manages $67 billion in assets, expects the Federal Reserve to raise rates by 25 basis points on Wednesday, while most crypto and traditional market analysts anticipate rates will remain unchanged. CME FedWatch data shows a 35.8% probability of a hike, up from 25.7% a week earlier, though the market mainstream still bets on the Fed holding steady. Bitcoin has declined below $64,000 from near $67,000 last week amid market caution.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments