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CRYPTOWAVE · MARKET NEWSROOM

Fed May Pause Rate Hike in October, but a December Hike Is Still on the Table

Rizwan Ansari ·

Market · BTC-3.6%
The gold dot marks when this story was published, on the price line of the coin it is about.
The Federal Reserve may hold interest rates steady in October, with markets putting the odds of a hike at just 15%. But rising inflation and higher oil prices could push it to raise rates again in December. As a result, markets now see an 89% chance of a 25-basis-point December hike, which would lift the …

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