The markets are awaiting the decision of the American Federal Reserve 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 pushing for a rate cut
• The Federal Reserve is caught between two fires: supporting the economy or curbing inflation
After the decision:
Attention is directed to the statements of “Jerome Powell” at (5:30 PM GMT) for future signals.
Impact:
The markets are on alert, and Bitcoin is witnessing some decline before