As the FOMC meeting of the US Federal Reserve is surrounded today, the financial markets are high. Even the cryptocurrency community is eagerly awaiting the important decision of Jerome Powell, the interest rates and his comments on the general situation of the US economy.
As the 98% probability of interest rates remains unchanged, experts require some volatility, as markets have already taken into account. However, uncertainty conceals the comments of the FED chair, as the community is trying to anticipate its position, with the uncertainty of contradictory economic indicators and Trump tariffs.
In addition, recent rumors of the potential Powell's possible powell have encouraged the complexity of this thing before his retirement. Does the decision of the Federal Reserve and Powell's speech trigger a correction or do you start selling in the crypto market? Let's dive into the details.
What to expect from today's FOMC meeting?
As the crypto market is anxiously awaiting Fed manager Jerome Powell's pivotal speech at today's FOMC meeting, Polymarket odds refer to the increasing probability that interest rates remain firm. It leaves experts and analysts to scramble to interpret the potential consequences of Powell's attitude to the crypto market.
For example, a market expert Dan's cryptocurrencies reveal That Fed is likely to change interest rates from 4.25% to 4.5%. But emphasizing the uncertainty about the decision, he added that the crypto market is eagerly monitored by the FED chair tone to move towards a more displayed or pike attitude.
Why is Fed -Tool Powell's important?
If Powell accepts Dovidd, he would prefer a more local monetary policy, lowering interest rates, causing a positive impact on the cryptocurrency market.
On the other hand, the Powell pike attitude may show the upcoming monetary policy and increased interest rates, which can cause cryptocurrency improvement. Given Fed's recent mixed signals, investors are eager to identify any tone changes that can affect the market direction and inform their investment decisions.
Fed to resolve the effect of tariffs “a balanced approach”
Namely, the Federal Reserve is expected to take a balanced approach to monetary policy, carefully navigating the influence of President Trump's tariffs, while preferring its double mandate for price stability and maximum employment. Criticizing the bank's possible neutral attitude at the FOMC meeting, the former Fed official Vincent Reinhart, said
At this meeting it is awkward. Fed has nothing to convey about the next couple of meetings … Fed had to wait for two things: it has to be seen that politics is actually in place … But when it is demonstrated, it must see how inflation expectations are. Therefore, Fed had to delay, then go slowly.
It is known that such a balanced approach or decision to maintain speed in the cryptocurrency market causes high volatility, as the analyst Ash Crypto emphasized.
Another important factor that adds the uncertainty of the event is the controversy that surrounds Donald Trump's recent threat to Powell's fire. But Trump ruled it in essence, claiming that it would not make sense for such a move to simply set a new chair in a short time.
Nynu v
Nynu V Jamal is a passionate cryptocurrency journalist with three years of experience in Blockchain, Web3 and Fintech spheres. He has confirmed himself as a conscious and engaging voice in the cryptocurrency and block chain. His experience as a professor of assistance in English and literature has added further information to the informative, well -researched and accessible content.
Obligations: The content presented may include the author's personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrency. The author or publication is not responsible for your personal financial loss.
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