Important events for the cryptocurrency market on June 18th from the economic calendar.

In the morning, the Consumer Price Index in the United Kingdom was released, the decision on the interest rate by the central bank of Sweden, and the core and basic consumer price indices of the EU. These data are important for assessing inflation risks and affect the US Dollar Index DXY. The more interesting decisions will be from the central banks that remain until the end of the week, particularly from the European Central Bank.

Schedule for the rest of the day - almost all events revolve around the US Federal Reserve:

❗️- 15:30 Kyiv and Moscow time / 17:30 Astana time - Block of labor market data from the US, important for the Federal Reserve.

❗️- 21:00 Kyiv and Moscow time / 23:00 Astana time - Decision on the Federal Reserve's interest rate.

❗️- 21:00 Kyiv and Moscow time / 23:00 Astana time - Economic forecasts and statement from the Federal Reserve.

❗️- 21:30 Kyiv and Moscow time / 23:30 Astana time - Press conference of the Chair of the Federal Reserve, Powell.

According to #CMEGroup, the chances of a rate cut today are 0.1%, which fully reflects the situation. Once again, Powell's speech will be key and will determine whether it is 'hawkish' or 'dovish'. Given the latest inflation data in the US and the outlines of the trade deal between China and the US, there are more arguments for soft statements that the markets will positively evaluate.