Papertrade, A Perps Exchange That Rewards You For Losing, To Launch On October 10th: X

🔗 velo.xyz

OCTOBER FED HIKE ODDS DROP TO 50%

Markets now price a 50% chance of an October Fed hike, down from around 70%, after Fed’s Williams said there is “no rush to act.”

Williams still sees one more hike potentially needed by year-end, with inflation remaining the Fed’s priority.
https://t.co/qUEGIdb1ac
(@WalterBloomberg)

SOFTER U.S. INFLATION CUTS FED HIKE ODDS

August core PCE fell to 3.0% YoY vs. 3.3% expected, while headline PCE came in at 3.4% vs. 3.7% forecast.

Q2 GDP was revised higher to 2.2% from 1.5%.

Kalshi now prices a 65% chance of no October Fed hike, versus 31% for a 25bp increase.
https://t.co/qUEGIdb1ac
(@WalterBloomberg)