FED UPDATE — “NO NEW SIGNALS, BUT THE MARKET IS HOLDING ITS BREATH!” 📉
Chairman Jerome Powell just appeared at the Community Banking Conference — but the speech was pre-recorded, with no new hints about interest rate policy.
However, investors are still focusing all their attention on the FOMC meeting on October 28–29, where 95% of the market is betting that the Fed will cut interest rates.
In the meantime:
💠 Bitcoin ($BTC) and Ethereum ($ETH) continue to hold their price levels,
💬 the market is “holding its breath for the Fed” – before the next big wave is triggered. #FOMC October remains very important and $ETH could take off at any time