$BNB
The US stock market will experience greater volatility this evening, with the Federal Reserve's balance sheet expected to expand to $15-25 trillion, while there is uncertainty in the market regarding interest rate cuts. If Powell hints at 'continuing to maintain high rates' or even 'considering another rate hike', the dollar will strengthen, putting pressure on gold and the crypto market.
The key points of Powell's speech tonight are not whether he announces policy changes, but rather:
Whether he openly responds to Trump’s personal accusations against him
Whether the tone of the speech shifts to a 'dovish' stance or becomes 'more ambiguous and neutral'
This will directly affect the market's expectations regarding monetary policy in the coming months.
