UPDATE: $LAYER
Markets are now pricing in an ~87% chance the Fed holds rates steady at the January 28 meeting (current range 3.50-3.75%).
Higher-for-longer still looks like the base case after recent strong data, so risk assets like alts might need more patience before the next big liquidity pump kicks in.
Next FOMC is Jan 27-28 – cuts more likely later in '26 if inflation cools further. DYOR 🚀