The markets are anticipating the US Federal Reserve's decision today!
The Federal Reserve is expected to announce its decision on interest rates tonight:
At 5:00 PM GMT.
Expectations:
Most expect the interest rate to remain within the current range (4.25% - 4.50%).
Pressures:
• Inflation is still high
• Trump is pressuring for a rate cut
• The Fed is caught between a rock and a hard place: supporting the economy or curbing inflation
After the decision:
Attention turns to Jerome Powell's statements at (5:30 PM GMT) for future signals.
Impact:
The markets are on edge, and Bitcoin is experiencing some decline ahead of the announcement.