FOMC is underway

The Fed’s two-day policy meeting officially kicks off today
Today’s entire meeting is closed-door
The statement won’t be released until 2 p.m. ET tomorrow

The federal funds target is still 3.75%–4%
It was just raised by a quarter point in September
Most futures markets expect no change this time

Crypto markets tend to price in expectations early
Before the decision is announced
$BTC this bout of volatility is probably mostly noise

Reprice after the statement comes out

#FOMC会议 $BTC