Fed Rate Hike Odds Jump to 87% as FOMC Meeting Nears

The post Fed Rate Hike Odds Jump to 87% as FOMC Meeting Nears appeared first on Coinpedia Fintech News

The Federal Reserve is heading toward a major policy test as markets now see an 87% chance of a rate hike at the September 15–16 meeting. The shift comes after August CPI kept inflation above the Fed’s 2% target.  With Bitcoin near $77,256, traders are now watching how higher rates could affect the crypto market. …