⏳ The U.S. announcement hasn’t come out yet.
The Fed announces its interest rate decision at 8:00 PM our time, and the market is betting with over 90% odds that rates will stay unchanged, with no hike.
But expectations aren’t the outcome: pay attention to the Fed’s statement and Warsh’s remarks; any indication of a December hike could put pressure on crypto and stocks.
Annual inflation rose to 3.7% in September, above the Fed’s target, so the tone of the statement matters more than the decision itself.
Don’t enter a trade before the announcement; wait for the first close after the news, then determine the direction.
Bottom line: the news is expected, but the reaction could be stronger than the decision itself.
$BTC $BTC
#BTC #news #crypto
The Fed announces its interest rate decision at 8:00 PM our time, and the market is betting with over 90% odds that rates will stay unchanged, with no hike.
But expectations aren’t the outcome: pay attention to the Fed’s statement and Warsh’s remarks; any indication of a December hike could put pressure on crypto and stocks.
Annual inflation rose to 3.7% in September, above the Fed’s target, so the tone of the statement matters more than the decision itself.
Don’t enter a trade before the announcement; wait for the first close after the news, then determine the direction.
Bottom line: the news is expected, but the reaction could be stronger than the decision itself.
$BTC $BTC
#BTC #news #crypto