CoinScoopMarket Prices in Fed Rate Hike as Probability Hits 87%
The probability of a Federal Reserve interest rate hike has risen to 87% according to Kalshi market data, up from 30% on August 27. Traders are now also pricing in a potential additional hike in December. The market is awaiting the Fed's upcoming Summary of Economic Projections (SEP) and the accompanying 'dot plot' for further policy guidance.
Summaries are written by AI from the original article. Not investment advice.