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Fed rate hike expectations surge to 92% probability with multiple meetings before year-end.

From CLARITY Act Failed, Fed HIKE Tomorrow — What Happens to Crypto Next? · jumps to 1:36:39 · speech

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Rate hike expectation surges, FedWatch is now showing over 92% probability nine out of 10 major financial institutions are predicting a rate hike and the Bank of America forecasts a total of 0.75% rate hikes by the end of the year. So keep in mind, we have one, two, three more FOMC meetings going into the end of the year. So that could be three separate 25 basis point hikes, right? Pauli markets pricing this in at 88% right now. We could have one 50 point hike and then another 25 point, but hikes going into the end of the year, a hiking regime. This is something new that I think many people who are, you know, relatively recent into crypto, maybe aren't used to trading, which is a, you know, hiking regime from the Fed. So it's going to be interesting to see. It's going to be interesting to see. We're getting rate hikes.
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