The Federal Reserve’s upcoming policy meeting is drawing market attention as several macro events line up over three days. According to CME FedWatch, the probability that the Fed will leave rates unchanged on Oct. 28 Eastern Time stands at 90.6%. The same tool shows a 68% probability of a rate hike in December.
Another key data point arrives on Oct. 29 Eastern Time, when the Personal Consumption Expenditures price index is scheduled for release. Market expectations put the year-over-year increase at 3.7%, above the Fed’s 2% target.
On Oct. 30 Eastern Time, roughly $11 billion in Bitcoin options are set to expire. The timing places a major crypto derivatives event immediately after the Fed meeting and the PCE release, with traders watching both monetary policy signals and inflation data closely.
The Federal Reserve’s policy meeting is approaching. CME FedWatch shows a 90.6% probability that the Fed will keep rates unchanged on Oct. 28 Eastern Time, while the probability of a rate hike in December stands at 68%.
On Oct. 29 Eastern Time, the Personal Consumption Expenditures price index is due for release. The market expects a 3.7% year-over-year increase, above the Fed’s 2% target.
On Oct. 30 Eastern Time, about $11 billion in Bitcoin options are set to expire.
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