Fed interest rate hike probability drops to 18%, cut rate probability at 0%: Impact on Bitcoin
2026-10-09 01:19:26
CoinMeta data: The probability of a Federal Reserve interest rate hike on October 28 has dropped to 18.3% due to weak employment and inflation data. The probability of a rate cut is 0%, so keeping interest rates unchanged is the baseline scenario. Nevertheless, maintaining unchanged interest rates does not mean the market will breathe a sigh of relief. The Fed raised rates in September, which was the first hike since 2023, and a rate hike in December is still under consideration. Analysts believe that keeping interest rates unchanged may eliminate one threat facing Bitcoin prices, but the risk of a rate hike still exists.
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Source:BeInCrypto
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