While the FED's interest rate decision to be announced today is awaited in Bitcoin, expectations are focused on the #FED keeping interest rates constant.
The USA implemented a tightened monetary policy to combat increasing inflation since the end of 2021 and continued by increasing interest rates.
While inflation began to cool down in the USA, which is struggling with the highest inflation of the last 40 years, the FED did not increase the interest rate in November and kept it constant between 5.25% and 5.5%.
At this point, while all eyes are on the FED's interest rate decision to be announced today (UTC 19:00), expectations are once again focused on the FED keeping interest rates constant.
As you may remember, Powell stated in his speech at Spelman College in Atlanta at the beginning of December that it was still early for interest rate cuts and easing. "It would still be early to conclude that we have reached a sufficiently restrictive stance or to comment on when policy may be eased." We are ready to tighten further if necessary, and the Fed will raise interest rates again if necessary to reduce inflation. The FED policy rate has entered the restrictive zone, but the FOMC continues to act cautiously.” He gave the message that they could progress more firmly.
FOLLOW, DON'T MISS IMPORTANT INFORMATION!
