The Federal Reserve is set to announce its interest rate decision this Wednesday, with markets overwhelmingly pricing in a pause—current futures imply a 97% probability that rates will remain unchanged. With a rate cut off the table for now, investor attention is shifting to Fed Chair Jerome Powell’s post-decision remarks. His tone will be critical. If Powell signals a dovish stance—hinting at economic softness, easing inflation concerns, or an openness to future rate cuts—it could trigger renewed optimism in risk assets. For crypto, which thrives in looser monetary conditions, dovish rhetoric may act as a strong bullish catalyst.