Odaily Planet Daily QCP Capital’s latest analysis points out that the Federal Reserve Monetary Policy Committee (FOMC) will hold a high-profile monetary policy meeting today (early morning on September 19th, Beijing time). Based on the pricing of federal funds futures, market participants are expected to have There is a 33% probability of a 25 basis point rate cut and a 66% probability of a 50 basis point rate cut. Of 114 economists surveyed by Bloomberg, 104 forecast a 25 basis point cut, while just nine expected a 50 basis point cut. This divergence extends to the long-term forecast to 2026. The report pointed out that there are multiple uncertainties in the outcome of the FOMC meeting, including the specific interest rate decision, the dot plot in the latest Summary of Economic Projections (SEP), and the press conference of Federal Reserve Chairman Powell. Analysts expect financial market volatility to rise significantly in the days following the meeting, which could mark the start of a new macroeconomic trend. As a potential interest rate cut cycle begins, QCP advises investors to focus on hard assets, particularly Bitcoin. Despite the potential for a short-term pullback and high volatility, analysts are bullish on Bitcoin price action over the long term.

#BTC