The Fed, which has been following a tight monetary policy since 2022 against high inflation, did not change interest rates in the first two meetings of this year.

The Fed, which completed its asset purchase operation and started increasing interest rates in 2022 in the face of high inflation in the country, has increased interest rates 11 times since March 2022 and increased the interest rate by a total of 525 basis points.

At the Federal Open Market Committee (FOMC) meetings held in January and March this year, the Fed kept the policy rate unchanged within the expectations and kept it constant between 5.25-5.50 percent, the highest level in 23 years.

The Fed, which left the policy rate unchanged at the current range for 5 consecutive meetings, last increased the interest rate by 25 basis points in July 2023.

While it was a matter of curiosity in the markets when the Fed would start reducing interest rates, it was emphasized in the decision texts of the bank's meetings held in January and March that it would not be appropriate to reduce the policy rate until there is more confidence that inflation has decreased sustainably to 2 percent.

Announcing its projections after its last meeting, the Fed maintained its expectation of three interest rate cuts of 75 basis points in total for this year.

While investors are looking for more clues about the timing of the interest rate cut in the data announced in the USA and the verbal guidance of Fed officials, pricing in the money markets predicts that the bank will keep the policy rate constant at its meeting in May with a 90 percent probability, and with a 58 percent probability that it will start reducing interest rates in June.

So, my dear readers, we can draw the following conclusion from here. Cryptos, which entered an upward trend with the halving, will enter the real rise phase with the FED interest rate decision. If interest rates remain constant, we will enter the real upward trend. Especially if the interest rate reduction starts in May, then $100,000-150,000 will come. For your information, the last week will be the last opportunity for those who have cash on hand. We will be in the hills after May 1.#Binance #Bitcoin #CHZ #FLOKI/USDT