REMINDER 🚨
FOMC RATE CUT DECISION WILL HAPPEN TODAY AT 2PM ET.
THERE IS A 99.9% PROBABILITY OF NO RATE CUT.
AT 2:30 PM ET, THE POWELL PRESS CONFERENCE WILL START.
IN THE PAST WEEK, THE WAR SITUATION HAS ESCALATED ALONG WITH OIL PRICES
.
THIS COULD CAUSE A RISE IN INFLATION, AND POWELL WILL DEFINITELY ADDRESS IT.
IF HE SOUNDS DOVISH, BTC V-SHAPE RECOVERY WILL HAPPEN.
IN CASE POWELL THINKS THAT INFLATION COULD SPIKE A LOT, MARKETS WILL CONTINUE THEIR DOWNTREND.
