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But we saved everything 🙂.
Odds of a U.S. rate hike in December, as tracked by Polymarket, increased by 16% following today's Consumer Price Index (CPI) results.
John Walsh described the development as 'not great'.
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Walsh has previously pointed to the Coinbase Bitcoin Premium Index as an important macro trend indicator, noting it remained net negative for the past year here. In another report, he discussed Mani Markets beta and maintained a positive outlook on accumulating $MANIFEST at current lows here. These earlier comments provide context for his reaction to the latest CPI-driven rate hike odds.