October Fed Rate Hike Odds Drop to 44% After Williams’ Dovish Remarks

The post October Fed Rate Hike Odds Drop to 44% After Williams’ Dovish Remarks appeared first on Coinpedia Fintech News

October Fed rate hike odds have taken a sharp U-turn after New York Fed President John Williams said there is no need to rush another rate increase. Odds of a 25-basis-point hike have dropped from above 70% to around 44%. The shift could give Bitcoin and the wider crypto market some much-needed relief. Williams Pushes …