CME FedWatch: Sept Rate Hike Odds Rise to 57%

The sharp jump in September hike odds signals a rapid repricing of monetary policy expectations, driven by Fed Chair Warsh's hawkish tone. This matters for rate-sensitive assets, as higher-for-longer scenarios tend to pressure risk appetite and liquidity conditions in crypto and tokenized markets. The near-balance on prediction platforms underscores genuine uncertainty, not conviction. The key watch is whether incoming data, particularly inflation or labor figures, reinforces this shift or prompts another reversal before the September meeting. A sustained hawkish path could tighten financial conditions, while any dovish surprise would likely unwind these odds quickly.