September Fed Hike Odds Remain Near 58% After Hawkish Warsh Speech

Expectations for a Federal Reserve rate increase in September remain below 60%, according to the market odds cited by CoinDesk. The probability stands at about 58%, challenging concerns that the chances of a move had climbed as high as 90%. The reading comes despite a hawkish speech by Warsh on Friday, which had fueled discussion about a possible tightening of monetary policy. Observers quoted in the report have played down those fears, pointing to the still-sub-60% probability as evidence that a September hike is not yet viewed as a near certainty. The rate outlook remains a key market focus, including for crypto assets and broader financial markets, as traders assess the potential impact of tighter policy.