Rate hike odds for the September 16 FOMC meeting hit 66% on CME FedWatch, up from around 30% before Jackson Hole. Warsh called the inflation numbers concerning, citing PCE at 3.7% over twelve months and 4.1% over six, both well above the 2% target, and said price control is the priority. Barclays now expects two hikes this year totaling 50 basis points.
~This episode is sponsored by Uphold~
Uphold Staking ➜ https://bit.ly/UpholdStakingPB
00:00 Intro
00:10 Sponsor: Uphold
00:45 Odds surge
01:50 S&P falling, crypto holding?
03:20 Oil / gas prices
04:15 Bottom line
05:15 CNBC: We’re not close to the end
06:40 Three Hikes?
08:40 CNBC: We should hike in September
09:35 Did Warsh get the call?
10:40 Conspiracy Theory
12:30 Dems sweep midterms
13:35 Stop doing memes?
#Crypto #Bitcoin #federalreserve
~Fed Rate Hike Fears Climb📈Market Turmoil Ahead?🔥~
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