The Fed's FOMC meeting minutes were released today, with market expectations for a rate hike increasing
2026-10-08 17:24:27
CoinMeta Data: Today, the Federal Reserve will release the minutes of the FOMC meeting at 2 p.m. Eastern Time. This is the first interest rate hike under Kevin Walsh's tenure as Chairman of the Federal Reserve, with a unanimous vote to raise rates to 3.75%-4.00%. Known information includes: The dot plot indicates another interest rate hike in 2026, with inflation rates still around 3.7%, the probability of a hike in October dropping to 22%, and the market expects an 86% chance of another hike in December. Key points to watch include: 1. Are there any officials who wish for a larger rate hike? If so, that would be bearish for the stock and crypto markets and bullish for the dollar; if not, there could be a rebound. 2. How many officials wish to continue raising rates? If it's "the majority" or "many," the probability of a hike in October is higher, and risk assets may fall; if it's "a few," the probability of a hike in October is lower, and risk assets may rise. 3. Is there concern about worsening inflation? If so, more rate hikes will be anticipated, putting pressure on the stock and crypto markets; if not, the market may start to expect the end of rate hikes. Volatility is expected in the market.
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