Markets are awaiting the U.S. Federal Reserve meeting, amid widespread expectations that interest rates will be held steady, with the possibility of a surprise remaining as inflationary pressures persist and energy prices rise.
But what may matter most to investors is not only the interest-rate decision itself, but also the tone of the Federal Reserve statement and its messages regarding upcoming meetings; a more hawkish tone could support the dollar and weigh on gold and stocks, while less hawkish signals could give markets and high-risk assets a boost.
In your view, will cryptocurrencies react to the Fed’s decision?
Source: CNBC Arabia — edited.