😱🇺🇲What you need to know before Fed interest rate decision A crucial moment for Bitcoin🇺🇲😱

The #US Federal Reserve (#Fed ) will announce new interest payments this evening at 18 UTC. While it is certain that the Fed will keep interest rates constant, the statements made by the head of the institution, Jerome Powell, are eagerly awaited. When Powell's interest rate cuts may start and the interest rate cuts of the Bank of Canada and the EU Central Bank will also be distributed in the world.
Money, stock and cryptocurrency markets around the world are eagerly awaiting the Fed's interest rate decision today and the statements of its chairman, Jerome Powell. In fact, it is out of the question for the Fed to cut or increase interest rates, but Powell's statements after the decision is announced are of great importance.

In fact, interest rate cuts have been expected in the market since the systematic banking storage last year, but Powell and the Fed store presidents stated that it was much more important to keep the interest rates stable and continuous for a long time if inflation did not fall sufficiently.

The expectation is not even 1%
According to the "CME FedWatch Tool" used by analysts and economists to predict short-term interest rates, the probability of a rate cut tonight is not even 1%. Markets predict that the Fed will keep interest rates constant at 99.4% this evening.
New dot chart will be announced
On the other hand, the dot chart, where all surgical procedures and the Fed's predictions about the interest rate course can be seen, will be updated this evening. Dot plots are announced in 4 of the 8 meetings held annually. In this evening's update of the chart for March, June, September and December, it will be seen when the Fed is expected to cut interest rates early.

In the last dot-plot chart (March), it was seen that most of the members expected a 5 percent decrease in interest amounts for 2024. However, members' interest rate reduction predictions for 2024 will come true due to regularly high inflation.
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