Fed Hike Before December? Ben Emons Says Data, Not Midterms, Decides
Ben Emons says a Fed hike is underpriced and that data, not the midterms, will decide whether the Fed moves by December. The post Fed Hike Before December? Ben Emons Says Data, Not Midterms, Decides appeared first on BeInCrypto.
AI summary
Strategist Ben Emons argues markets are underpricing the chance of a Federal Reserve rate hike before December, and that incoming economic data rather than the midterm elections will determine whether the Fed moves. The view implies tighter liquidity and higher rates than currently priced, a headwind for risk assets including crypto. Traders should watch upcoming inflation and labor data as the key catalysts for rate expectations.
