🔸Today at 14:00 (EST), the FOMC will announce its key interest rate decision, and Warsh’s press conference will begin at 14:30. Markets are almost certain the rate will remain unchanged: the probability of a pause is estimated at 93.4%, and of a hike at 6.6%.
Key scenarios for cryptocurrencies:
“Dovish” rhetoric from Warsh: momentum for market growth.
Hints of a hawkish policy: a sharp drop in prices.#FOMCWatch