#FedHODL The Major Crypto Event of the Week is Here! 🚨

$ETH

At 2:00 PM today, all eyes will be on the Federal Open Market Committee (FOMC) as they reveal their decision on interest rates. While a rate cut is unlikely, the true market-moving moment will occur at 2:30 PM during Jerome Powell’s press conference. What should you expect?

Analysts are predicting a 98% chance of no change in rates, but the focus isn’t on the rate itself—it’s on Powell’s remarks about the future economic outlook. Recent economic data, including a$BNB lower-than-expected core PPI, suggests inflation may be cooling off. Meanwhile, U.S. stock markets saw a sharp drop yesterday, setting the stage for potential market reactions.

Why does Powell’s statement matter more than the rate decision? Just days ago, former President Donald $TRUMP voiced support for lowering interest rates. If Powell signals that the Fed is open to future rate cuts, we could see a significant market shift, especially in altcoins.

Consider what happened after the last