#BabyMarvin Ethereum f9c7 ● This Week's Macroeconomic Outlook: The Federal Reserve's Decision and the U.S. Election May Become Barometers for the Crypto Market

This week, the U.S. election is heading towards the ultimate battle, which may trigger a nuclear-level alert, with the dollar bulls fully loaded. Following the worst non-farm payrolls report in nearly four years, the expectation of a 25 basis point rate cut by the Federal Reserve is nearly fully priced in.

This week's market focus includes the U.S. election, the Federal Reserve's interest rate decision, and the Bank of England's interest rate decision, among others. Starting this Tuesday, the U.S. will hold the 2024 presidential election. Many major polls still show Trump and Harris in a dead heat.

Key Event Schedule: Tuesday: Voting begins for the 2024 U.S. presidential election, with Trump and Harris in a tight race, market expectations are tense. Wednesday: The Bank of Japan releases the minutes of the September monetary policy meeting (07:50); the U.S. Treasury announces the new season's bond issuance plan (21:30); Friday: Federal Reserve interest rate decision (03:00), with the market widely predicting a 25 basis point cut.