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Zeeeshu
A reminder for those still fixated on whether there will be a rate hike tonight: the real market driver isn’t this single move, but the several moves that follow. Some institutions have already signaled that this round of rate hikes won’t be a one-off; there could be two to three more ahead. In other words, even if it happens tonight, what you need to read is the dot plot — if it hints at continued hikes in October, that’s the real killer. Assets like $BTC are most sensitive.
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