CME "Fed Watch": The probability of the Fed keeping interest rates unchanged in November is 99%
Based on CME's "FedWatch" data, the probability that the Fed will maintain interest rates in the range of 5.25%-5.50% in November is 99.0%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 1.0%.
CME "Fed Watch": The probability of the Fed keeping interest rates unchanged in November is 99.9%
On October 22nd, data from CME's "FedWatch" showed that the probability of the Fed maintaining interest rates at 5.25%-5.50% in November is 99.9%, while the probability of a 25 basis point rate cut to the 5.00%-5.25% range is 0.1%.
Fed Governor Waller: No one expects an interest rate cut in the near future
Federal Reserve Board member Waller said that no one expects a rate cut in the near future.
Fed Governor Waller: If the economy continues to strengthen, higher interest rates may be needed
Federal Reserve board member Bullard stated in a speech that if the economy continues to strengthen, higher interest rates may be needed; before making a decision on interest rates, we can wait, observe, and watch.
Fed Harker: Fed should extend pause on rate hikes
Fed's Harker believes that the Fed should extend its interest rate pause. (Wall Street Journal)
Fed's Barkin: Tends to keep interest rates unchanged
On October 17th, the Federal Reserve's Barkin stated that the Fed has time to observe data before making the next interest rate adjustment decision. They are inclined to maintain the interest rate unchanged and stated that they have time to observe whether further rate hikes are needed.
Most economists believe the Fed has completed its last rate hike
According to The Wall Street Journal, the majority of economists under investigation believe that the Federal Reserve has completed its final interest rate hike and will cut interest rates before June next year.
Fed meeting minutes: Most officials believe another rate increase is appropriate
The minutes of the Federal Reserve meeting showed that most Fed officials believed that another interest rate hike was appropriate. The vast majority of participants continued to believe that the future trend of the economy was "highly uncertain". <br>
Fed Vice Chairman Jefferson: Will pay attention to the tightening effect of rising yields, and the Fed can "act cautiously" with a better balance of risks
Federal Reserve Vice Chairman Jefferson stated in a speech that the Fed will pay attention to the tightening effect brought about by the rise in yields, and can "act with caution" in a better risk balance. He confidently stated that our policies are tight enough, but it may be too early to say that. In the past, the rise in long-term yields may have meant that investors believe that economic growth momentum is stronger and a higher and longer-term path of Fed interest rates is needed.
Bitcoin Price Strengthens Amidst Institutional Interest and Market Uncertainty
Bitcoin's price is bouncing back from resistance at $27,200, and investors are watching to see if it settles above $27,000 and continues towards $31,000 or drops to seek liquidity from support at $25,000. The crypto market is also keeping an eye on the Federal Reserve's meeting on Wednesday, as economists expect a pause in interest rate hikes. Nomura, Japan's largest bank, has launched an Adoption Fund for institutional investors, attracting interest from global firms like Blackrock and Fidelity Investments.
