TREE NEWS reports: The Federal Reserve will announce its rate decision on Sept 16, with markets pricing a 25 basis point hike at 88% on Polymarket and 92.3% on CME FedWatch after August core CPI rose 0.3% month-on-month versus 0.2% expected. A hike would be the first since July 2023 and the first of 2026, with investors focused on whether Chair Warsh signals a new tightening cycle. Bitcoin fell below $76,000 after the CPI print and spot bitcoin ETFs saw $463 million in net outflows last week.
Fed expected to hike rates Sept 16, first since 2023, Polymarket odds at 88%
A tightening bias returning after a long pause resets the macro backdrop for every risk asset, and the crypto reaction — bitcoin below $76,000 alongside ETF outflows — suggests rate-sensitive positioning is already adjusting. The signal from Chair Warsh matters more than the hike itself: markets are pricing near-certainty, so the open question is whether this is framed as a one-off or the start of a cycle. Watch the dot plot and any language on the persistence of core inflation.
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