#FOMCMeeting š¹ Interest Rates Expected to Hold at 4.25%-4.50% (No change from March)
š¹ Last Decision (March 2024): Paused at 5.25%-5.50%, but signaled 3 rate cuts in 2024
š¹ Dot Plot & Inflation Watch: Will the Fed hint at earlier cuts or stay hawkish?
š¹ Market Impact: A dovish tilt could boost Bitcoin & risk assetsš
Key Factors:
ā Inflation (Still above 2% target)
ā Strong US Economy = Less Urgency for Cuts
ā BTC Reaction? Historically, rate cuts = bullish for crypto!
Whatās Next?
- Fed Statement Drops Soonā Will they adjust 2024 cut forecasts?
- Powellās Press Conferenceā Any hints at future moves