📰📰📰📰📰Today is an important day for the markets
The FOMC will publish:
— new interest rate decision
— economic forecasts from the Fed
— Powell's press conference
The interest rate is almost certainly not going to change (chance only 0.1%), but all attention will be on the rhetoric and forecasts for GDP and inflation.
The situation is mixed:
✅ economic slowdown and good inflation data
❌ oil price increase of 20% in 2 weeks and geopolitics
Most likely, Powell will say again that the Fed will wait for new data, with no clear hint on the timing of rate cuts.
The market expects the first rate cut by September (chance — 64%).$BTC $ETH $BNB
However, by July, there may be more clarity regarding the entire second half of 2025.
🐋 What are the whales saying?