![Wall Street is now pricing in a terminal rate of 5.25-5.50, after hot PCE data, BTC down over 3%](http://cryptoslate.com/wp-content/uploads/2023/02/federal.jpg)
2023-2-25 19:31 |
Quick Take Bitcoin is down -3.31% on Feb. 24 due to a hotter than expected PCE data. Traditional assets are also down on the day, which includes SPX (-0.22%), XAUUSD (-0.75%), and Nasdaq (-2.00%). Wall Street is now pricing another 25 bps hike, in addition to the 50 bps remaining, due to today’s PCE. This would take the federal funds rate to 5.25 – 5.50% for the end of 2023, a total of 75 bps remaining. Fund Funds probability: (Source: CME Fed Watch Tool) Assets: (tradingView)
The post Wall Street is now pricing in a terminal rate of 5.25-5.50, after hot PCE data, BTC down over 3% appeared first on CryptoSlate.
origin »Pace (PCE) на Currencies.ru
![]() ![]() ![]() ![]() ![]() ![]() |