FOMC Rate Decision & Powell Press Conference

[cryptobro]

This week, all eyes are on the US FOMC interest rate decision. Markets expect a 96.7% chance of a 25-bps cut to 4.00% at Wednesday’s meeting.

Traders are also watching Fed Chair Jerome Powell’s press conference half an hour later for clues on future cuts and policy tone. Powell recently hinted the Fed is nearing the end of quantitative tightening, a move that could reshape liquidity and risk appetite across markets.

The ongoing US government shutdown adds extra uncertainty, leaving investors cautious amid limited economic data.

[Nahid10]

Powell’s tone was surprisingly balanced this time — not too hawkish, not too dovish.

[EmTeam]

Markets always get wild after FOMC pressers. Let’s see where this takes us!