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Mike Shedlock: Markets see 70 percent chance of Fed rate hike before U.S. election

Mike Shedlock: Markets see 70 percent chance of Fed rate hike before U.S. election
Markets see Fed rate hike before election

Mike Shedlock, author / blogger at MishTalk, highlights that the market is forecasting a 70.4 percent chance of a Federal Reserve rate hike before the upcoming U.S. election.

He adds that U.S. President Donald Trump would strongly react if the rate hike occurs.

Shedlock previously reported that Bitcoin has continued to trend downward in wave 5 with little change since March. He has also addressed uncertainty about Iran’s frozen assets, noting that the largest share is believed to be held in China. These topics reflect his ongoing coverage of developments across different asset classes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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