Odds of December rate cut back above 70%: Are Bitcoin traders convinced this changes things?
CME FedWatch now implies higher than 70% odds that the Federal Reserve will cut charges by 25 foundation factors at its Dec. 9-10 assembly, dropping the goal vary from 3.75%-4.00% to three.50%-3.75%. That marks a dramatic intraday reversal on Nov. 21, when New York Fed President John Williams informed reporters the Fed can nonetheless trim…
