🔥ATTENTION🔥
🧨June 18 will be a decisive day for financial markets and #Bitcoin.
What needs to happen to see a positive reaction⁉️
-June 18 is the decision on the interest rate.
-But the focus is not on whether the rate will be lowered or not.
👉So, what will investors pay attention to⁉️
🔹Investors already assume that the interest rate will not be cut.
🔹What will matter a lot are the FED's projections.
🔹In the penultimate interest rate decision, the FED projected two cuts for this year.
🔹Futures on the interest rate, in light of this projection, went from expecting four cuts this year to expecting two.
🔹Now it is important —and would be positive for financial markets— that the FED confirms and continues to project two cuts for this year.
Why is this important⁉️
▪️It matters because in the last press conference it was stated that there was a possibility that the rate would not be cut this year.
▪️Additionally, several members of the FED commented that they see a single cut as appropriate for this year.
▪️The good inflation data (CPI, PPI, and PCE) going down could encourage the FED to continue projecting two cuts.
📍The cuts would facilitate the credit conditions of the country, which would lower the cost of money and, therefore, be positive for #Bitcoin and stocks.
