The US interest rate decision is an announcement issued by the Federal Reserve, determining whether to raise, lower, or maintain the federal interest rate. This decision is one of the most important economic events as it impacts global markets, including digital currencies.
Who is the person speaking?
Typically, it is:
#Jerome Powell, Chairman of the Federal Reserve
He is an older man, often wearing glasses and speaking at a press conference after announcing the interest rate decision.
He discusses the reasons for the decision (raising/maintaining/lowering the interest rate).
He provides a future outlook for the US economy (growth, inflation, unemployment).
He hints at upcoming decisions (which the markets closely monitor).
When is the interest rate decision announced?
It is announced eight times a year (approximately every 6 weeks).
Typically on a Wednesday at 9 PM Saudi time (2 PM Washington time).
Why does it affect digital currencies?
Raising interest = reducing liquidity, which decreases the appetite for high-risk assets like Bitcoin.
Lowering interest = increasing liquidity, encouraging investment in digital assets.
Investors treat digital currencies as speculative assets, so every change in US monetary policy directly impacts supply and demand in the crypto market.
The announcement for the next interest rate decision will be on Wednesday, June 18.
