What to Expect from the Upcoming FOMC Meeting
As a crypto enthusiast, you have a busy week ahead in the markets. The Federal Open Market Committee meeting is coming up, where important decisions on interest rates and economic policies will be made. Here’s what you can anticipate:
- Inflation has been in line with the Fed’s expectations, cooling down over the past few months.
- Markets predict that the upcoming FOMC meeting will not bring any surprises, with interest rate cuts likely to begin in March.
- According to CME Group’s FedWatch tool, there is a 98% chance that rates will remain unchanged after the January 31st meeting.
Hot Take: Insights on the FOMC Meeting
Get ready for the FOMC meeting and stay updated on the latest crypto news and updates. The markets are eagerly awaiting the Federal Reserve’s decisions and their impact on the economy. Stay tuned for more updates!
Source: Youtube