Fed rate-hike odds top 80%, CoinGapeMedia reports
Wall Street banks raised their August core PCE inflation forecasts, CoinGapeMedia says. The publisher warns that higher inflation expectations could keep pressure on Bitcoin and other risk assets.
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CoinGape@CoinGapeMedia🚨 Crypto Market Faces Fresh Fed Pressure Wall #Street banks raised their August core #PCE forecasts, with #Fed rate-hike odds now above 80%. Higher #inflation expectations could keep pressure on #Bitcoin and other risk assets. 🔗 Know more in comments
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