94%
No change
▲ 5 pts in 24 h
- No change ▲5 94%
- 25 bps increase ▼4 6%
- 50+ bps increase <1%
- 25 bps decrease <1%
No change, last 7 days
Fed Minutes Point to Another Rate Hike This Year: Why Did Only Bitcoin React?
Published
Federal Reserve minutes from the September 15–16 meeting showed officials leaning toward another rate increase before year-end, while leaving October open and tying later decisions to incoming data. The same minutes also showed staff raising growth and inflation projections through 2028, and one piece noted that inflation may not return to the Fed’s 2% goal until 2029. Bitcoin moved on the release while US stocks and gold barely changed.
What this rests on
Claim by claim, with its source
✓
Minutes from the September 15–16 meeting showed most officials viewing another interest-rate increase before year-end as potentially appropriate.
✓
Staff raised growth and inflation projections through 2028, and the minutes also described AI investment as something that could lift productivity.
✓
The minutes left October open and said future decisions would depend on incoming data.
What it means
Tomorrow morning, traders and other market participants will notice that the Federal Reserve is still discussing another move before year-end, while October remains undecided and tied to data that has not yet arrived. That leaves the sector watching the next batch of inflation and activity readings for the clues that matter in practice.
Compared with before the minutes, the near-term path is less fixed: officials still saw another increase as appropriate by year-end, but October was not locked in. At the same time, the broader framework did not change, because the next step still depends on incoming data rather than on a preset schedule. (per tokenpost.com)
Market reaction
-0.07 %
before publication
-0.18 %
after
$83,345price at publication
12series points
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
BeInCrypto
scoop
Oct 7 18:05
BeInCrypto
scoop
Breaks the event
What Federal funds rate has done before
| When | What happened | Figure |
|---|---|---|
| 2 months ago | Federal funds rate: 3.75 (+0.12) rise | Sep 2026 |
| 3 months ago | Federal funds rate: 3.63 no change | Aug 2026 |
| 4 months ago | Federal funds rate: 3.63 no change | Jul 2026 |
| 5 months ago | Federal funds rate: 3.63 no change | Jun 2026 |
| 6 months ago | Federal funds rate: 3.63 (-0.01) fall | May 2026 |
FRED series, with the value of each release and its change.
What could happen next i
93%
Fed maintains rate
▲ 4 pts in 24 h
- Fed maintains rate ▲4 93%
- Hike 25bps ▼6 6%
- Cut 25bps 1%
- Hike >25bps 1%
- 1 more1%
Fed maintains rate, last 7 days
98%
No change or Hike 25 bps favored on October 27?
- No change or Hike 25 bps favored on October 27? 98%
No change or Hike 25 bps favored on October 27?, last 7 days