🚨 FOMC DAY IS HERE 🚨
The market is about to get its biggest test of the day.
The Federal Reserve is scheduled to announce its interest-rate decision at 2:00 PM ET today, followed by Fed Chair Kevin Warsh’s press conference at 2:30 PM ET. The Fed will also release updated economic projections and its dot plot.
Right now, markets are heavily positioned for a 25 basis-point rate hike, with the CME FedWatch pricing cited at around 92.5% for that move.
But here’s the part traders really need to watch:
The rate decision may not be the biggest story. Warsh’s words could be.
If the hike is delivered as expected, much of it may already be priced in.
The real volatility could come from: • Warsh’s comments on future rate hikes
• The new Fed dot plot
• The voting split
• Any change in the Fed’s inflation outlook
• Signals about how long rates could stay higher
A more hawkish message could push yields and the dollar higher while putting additional pressure on risk assets, including crypto. Markets could move quickly if traders suddenly start pricing in more hikes ahead.
For Bitcoin and the wider crypto market, 2:00 PM ET is the first major checkpoint. 2:30 PM ET could be the bigger one.
Expect fast candles, sudden reversals and plenty of noise.
Don’t trade the headline alone.
Watch what the Fed says about what comes next. 📊⚠️
The market is about to get its biggest test of the day.
The Federal Reserve is scheduled to announce its interest-rate decision at 2:00 PM ET today, followed by Fed Chair Kevin Warsh’s press conference at 2:30 PM ET. The Fed will also release updated economic projections and its dot plot.
Right now, markets are heavily positioned for a 25 basis-point rate hike, with the CME FedWatch pricing cited at around 92.5% for that move.
But here’s the part traders really need to watch:
The rate decision may not be the biggest story. Warsh’s words could be.
If the hike is delivered as expected, much of it may already be priced in.
The real volatility could come from: • Warsh’s comments on future rate hikes
• The new Fed dot plot
• The voting split
• Any change in the Fed’s inflation outlook
• Signals about how long rates could stay higher
A more hawkish message could push yields and the dollar higher while putting additional pressure on risk assets, including crypto. Markets could move quickly if traders suddenly start pricing in more hikes ahead.
For Bitcoin and the wider crypto market, 2:00 PM ET is the first major checkpoint. 2:30 PM ET could be the bigger one.
Expect fast candles, sudden reversals and plenty of noise.
Don’t trade the headline alone.
Watch what the Fed says about what comes next. 📊⚠️
