Fed Interest Rate July Hike Odds Fall Below 17% Following Cooler Inflation

The post Fed Interest Rate July Hike Odds Fall Below 17% Following Cooler Inflation appeared first on Coinpedia Fintech News

The latest U.S. CPI report has turned the market upside down. After June’s CPI came in lower than expected, the chances of a July Federal Reserve rate hike dropped from 46% to below 17%. However, markets still expect the Fed to raise rates twice before the end of 2026.  This has pushed the Bitcoin price …