Entering the Week with the #FED in Focus
We’re heading into a crucial week as markets await the upcoming FED interest rate decision. In the last meeting, FED Chair Jerome Powell emphasized that decisions would be based on incoming data.
Now, with inflation coming in at 2.4% (lower than the expected 2.6%), all eyes are on how Powell will interpret this in his next statement. Will this softer data increase the chances of a rate cut?
The markets especially crypto and equities will be closely watching for clues.
Wishing everyone a calm and well analyzed week ahead 💐
