Fed Rate Watch all eyes are on the Fed today.
The current federal funds target range is 3.50%–3.75%, but expectations have shifted toward a 25 bps hike at the Sept. 15–16 meeting after stronger inflation and labor data.
August CPI came in at 3.4% YoY, while core CPI rose 0.3% MoM.
For crypto, the rate decision matters, but Powell’s guidance could matter even more. A hawkish message could keep liquidity conditions tight, while a softer outlook could change expectations for future policy.
BTC and ETH remain key assets to watch as volatility picks up around the decision.
$BTC
$ETH
#FedRateWatch #bitcoin
#FedRateWatch
The current federal funds target range is 3.50%–3.75%, but expectations have shifted toward a 25 bps hike at the Sept. 15–16 meeting after stronger inflation and labor data.
August CPI came in at 3.4% YoY, while core CPI rose 0.3% MoM.
For crypto, the rate decision matters, but Powell’s guidance could matter even more. A hawkish message could keep liquidity conditions tight, while a softer outlook could change expectations for future policy.
BTC and ETH remain key assets to watch as volatility picks up around the decision.
$BTC
$ETH
#FedRateWatch #bitcoin
#FedRateWatch
