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 are anticipating a hold on rates 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
Post-decision:
Attention turns to the statements of “Jerome Powell” at (5:30 PM GMT) for future signals.
Impact:
Markets are on edge, and Bitcoin is experiencing some decline ahead of the announcement.