The markets are awaiting the decision of the US Federal Reserve today!
The Federal Reserve is expected to announce its decision on interest rates tonight:
at 5:00 PM GMT).
Expectations:
Most anticipate that interest rates will remain within the current range (4.25% - 4.50%).
Pressures:
• Inflation is still high
• Trump is pushing for a rate cut
• The Fed is caught between two fires: supporting the economy or curbing inflation
After the decision:
Attention turns to Jerome Powell's statements at (5:30 PM GMT) for future signals.
Impact:
The markets are on standby, and Bitcoin is experiencing some decline before the announcement.