FOMCForecast
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FEDERAL RESERVE MEETING PREVIEW (FOMC)
*Market Moving Event Ahead!*
Today, the Federal Reserve convenes to discuss monetary policy. The outcome will significantly impact markets, economies, and your investments.
*Rate Decision: The Trillion-Dollar Question*
Will the Fed cut interest rates or keep them unchanged? Experts are divided:
- 55% predict a 25-50 basis point rate cut
- 45% expect rates to remain unchanged
*Key Considerations:*
1. *Inflation Control*: Taming price pressures while avoiding recession
2. *Economic Growth*: Supporting expansion without overheating
3. *Labor Market Stability*: Balancing employment and wage growth
4. *Global Economic Outlook*: Addressing international trade and growth concerns
*Market Implications:*
*Rate Cut:*
1. Stocks: Rally expected, especially in rate-sensitive sectors
2. Crypto: Potential boost for Bitcoin, Ethereum, and altcoins
3. Bonds: Yields may decline, impacting fixed-income investments
*No Rate Cut:*
1. Stocks: Potential downturn, especially in tech and growth stocks
2. Crypto: Volatility expected, with possible price drops
3. Bonds: Yields may rise, affecting fixed-income investments
*Crypto Impact:*
1. Bitcoin and Ethereum price volatility expected
2. Altcoin market movements likely to follow Bitcoin's lead
3. Regulatory clarity and institutional investment potential
*Timeline:*
- 2:00 PM ET: FOMC statement release
- 2:30 PM ET: Fed Chair Jerome Powell's press conference
*Stay Ahead:*
1. Monitor market movements and expert analysis
2. Adjust investment strategies accordingly
3. Focus on long-term goals and diversification
Sources:
- Federal Reserve
- Bloomberg
- CNBC
- CoinDesk
Get ready for market movements! Stay informed and adapt your investment strategies accordingly.
#FOMC #FOMC_Decision #FOMCForecast #FOMC_Meeting_Results
*Market Moving Event Ahead!*
Today, the Federal Reserve convenes to discuss monetary policy. The outcome will significantly impact markets, economies, and your investments.
*Rate Decision: The Trillion-Dollar Question*
Will the Fed cut interest rates or keep them unchanged? Experts are divided:
- 55% predict a 25-50 basis point rate cut
- 45% expect rates to remain unchanged
*Key Considerations:*
1. *Inflation Control*: Taming price pressures while avoiding recession
2. *Economic Growth*: Supporting expansion without overheating
3. *Labor Market Stability*: Balancing employment and wage growth
4. *Global Economic Outlook*: Addressing international trade and growth concerns
*Market Implications:*
*Rate Cut:*
1. Stocks: Rally expected, especially in rate-sensitive sectors
2. Crypto: Potential boost for Bitcoin, Ethereum, and altcoins
3. Bonds: Yields may decline, impacting fixed-income investments
*No Rate Cut:*
1. Stocks: Potential downturn, especially in tech and growth stocks
2. Crypto: Volatility expected, with possible price drops
3. Bonds: Yields may rise, affecting fixed-income investments
*Crypto Impact:*
1. Bitcoin and Ethereum price volatility expected
2. Altcoin market movements likely to follow Bitcoin's lead
3. Regulatory clarity and institutional investment potential
*Timeline:*
- 2:00 PM ET: FOMC statement release
- 2:30 PM ET: Fed Chair Jerome Powell's press conference
*Stay Ahead:*
1. Monitor market movements and expert analysis
2. Adjust investment strategies accordingly
3. Focus on long-term goals and diversification
Sources:
- Federal Reserve
- Bloomberg
- CNBC
- CoinDesk
Get ready for market movements! Stay informed and adapt your investment strategies accordingly.
#FOMC #FOMC_Decision #FOMCForecast #FOMC_Meeting_Results
FED MEETING RECAP : RATE CUT REVEALED!
25-50 basis point cut to boost economy
MARKET REACTIONS
Stocks: Rally expected, especially rate-sensitive sectors
Crypto: Bitcoin & Ethereum surge predicted
Bonds: Yields decline, impacting fixed-income investments
EXPERT INSIGHTS
"Fed lifts foot off the brake, not hitting the gas."
- Analyst
"Soft landing ahead, but Fed's behind the curve."
- Strategist
KEY TAKEAWAYS
1. Lower borrowing costs
2. Decreased savings yields
3. Market volatility
LATEST MARKET MOVES
Stocks: Dow +1.2%, S&P +1.5%, Nasdaq +2.1%
Crypto: Bitcoin +3.5%, Ethereum +4.2%
Bonds: 10-year yield -0.5%
STAY TUNED FOR UPDATES!
#FOMC #Token2049 #FOMC_Decision #fomc #FOMCForecast
25-50 basis point cut to boost economy
MARKET REACTIONS
Stocks: Rally expected, especially rate-sensitive sectors
Crypto: Bitcoin & Ethereum surge predicted
Bonds: Yields decline, impacting fixed-income investments
EXPERT INSIGHTS
"Fed lifts foot off the brake, not hitting the gas."
- Analyst
"Soft landing ahead, but Fed's behind the curve."
- Strategist
KEY TAKEAWAYS
1. Lower borrowing costs
2. Decreased savings yields
3. Market volatility
LATEST MARKET MOVES
Stocks: Dow +1.2%, S&P +1.5%, Nasdaq +2.1%
Crypto: Bitcoin +3.5%, Ethereum +4.2%
Bonds: 10-year yield -0.5%
STAY TUNED FOR UPDATES!
#FOMC #Token2049 #FOMC_Decision #fomc #FOMCForecast
Shiba Inu ($SHIB) surged to $0.0011 in Japan. Major exchanges, including Binance, Robinhood, Crypto.com, and Coinbase, are bullish on $SHIB as assets. Shibtoken aims to reach 8 billion people on the internet. ShibETF follows smart money and market makers. #SHIB #Memecoins__ #buythedip #BTCđ„đ„đ„đ„đ„ #FOMCForecast $ETH $SOL $BNB
Sure, here's a simplified version:$BTC
"Hey everyone, I want to share something important. If you see a chart shaped like a 'U', be cautious. The rises can happen suddenly and bring quick gains, but watch out! Those empty spaces mean there are orders waiting to be filled, and the price will likely come back down eventually. Many people buy in when prices are high because they fear missing out (#FOMCForecast O). Once a coin drops, it's often hard to recover. Big investors, called whales, often follow this pattern in pump and dump schemes. So, avoid these kinds of charts when prices are at their peak. Don't get stuck chasing green candles! đŻïž (This is just advice, not financial guidance.)"#BullorBear
"Hey everyone, I want to share something important. If you see a chart shaped like a 'U', be cautious. The rises can happen suddenly and bring quick gains, but watch out! Those empty spaces mean there are orders waiting to be filled, and the price will likely come back down eventually. Many people buy in when prices are high because they fear missing out (#FOMCForecast O). Once a coin drops, it's often hard to recover. Big investors, called whales, often follow this pattern in pump and dump schemes. So, avoid these kinds of charts when prices are at their peak. Don't get stuck chasing green candles! đŻïž (This is just advice, not financial guidance.)"#BullorBear
đ FOMC Decision: Rates Steady, One Cut Projected - Implications for BTC đ
The Federal Reserve's recent announcement to keep interest rates steady while projecting a single cut by the end of the year marks a significant shift in their policy stance. This development is crucial for Bitcoin (BTC) traders and investors. Let me revisit my previous analysis to understand the potential impact on BTC price movements.
In my earlier post, I outlined three scenarios based on FOMC decisions:
1. Interest Rate Hike:
- Scenario: A hike could strengthen the US dollar.
- Impact on BTC: This would likely decrease BTC prices, with potential support around $68,708.31 and a possible drop to the lower Bollinger Band at $66,919.72.
2. Interest Rate Hold:
- Scenario: Holding rates steady suggests a cautious approach towards economic growth.
- Impact on BTC: BTC might consolidate, ranging between $68,000 and $69,500, maintaining stability but with limited upward momentum.
3. Interest Rate Cut:
- Scenario: A rate cut would signal economic concerns and an attempt to stimulate growth.
- Impact on BTC: Highly bullish for BTC as lower rates weaken the dollar, driving investors towards Bitcoin. BTC could break past $69,488.00 and aim for the upper Bollinger Band at $69,577.04 and beyond.
With the Fed's decision to keep rates steady and only one cut projected, I expect BTC to follow the consolidation scenario. BTC might range between $68,000 and $69,500, maintaining a stable but cautious outlook. However, keep an eye on any signs of economic slowdown that might prompt the Fed to cut rates earlier, potentially leading to a bullish breakout for BTC. đ
Stay tuned for further updates as market conditions evolve! #BTCFOMCWatch #FOMC_Meeting_Results #FOMCForecast
The Federal Reserve's recent announcement to keep interest rates steady while projecting a single cut by the end of the year marks a significant shift in their policy stance. This development is crucial for Bitcoin (BTC) traders and investors. Let me revisit my previous analysis to understand the potential impact on BTC price movements.
In my earlier post, I outlined three scenarios based on FOMC decisions:
1. Interest Rate Hike:
- Scenario: A hike could strengthen the US dollar.
- Impact on BTC: This would likely decrease BTC prices, with potential support around $68,708.31 and a possible drop to the lower Bollinger Band at $66,919.72.
2. Interest Rate Hold:
- Scenario: Holding rates steady suggests a cautious approach towards economic growth.
- Impact on BTC: BTC might consolidate, ranging between $68,000 and $69,500, maintaining stability but with limited upward momentum.
3. Interest Rate Cut:
- Scenario: A rate cut would signal economic concerns and an attempt to stimulate growth.
- Impact on BTC: Highly bullish for BTC as lower rates weaken the dollar, driving investors towards Bitcoin. BTC could break past $69,488.00 and aim for the upper Bollinger Band at $69,577.04 and beyond.
With the Fed's decision to keep rates steady and only one cut projected, I expect BTC to follow the consolidation scenario. BTC might range between $68,000 and $69,500, maintaining a stable but cautious outlook. However, keep an eye on any signs of economic slowdown that might prompt the Fed to cut rates earlier, potentially leading to a bullish breakout for BTC. đ
Stay tuned for further updates as market conditions evolve! #BTCFOMCWatch #FOMC_Meeting_Results #FOMCForecast
LIVEAI Prince
--
Bitcoin Traders Brace for FOMC Decision: Will BTC Soar or Stumble?
Bitcoin (BTC) has shown a notable surge, with its price currently at $69,220.01, up by 3.16%. However, traders are now on high alert as the Federal Reserve's upcoming decision on interest rates looms. The Federal Open Market Committee (FOMC) holds eight scheduled meetings per year, where they review economic and financial conditions, determine the stance of monetary policy, and assess risks to their goals of price stability and sustainable economic growth.
Potential Impact on BTC Price:
1. Interest Rate Hike:
- Scenario: If the FOMC decides to raise interest rates, it could lead to a strengthening of the US dollar.
- Impact on BTC: A stronger dollar often leads to a decrease in BTC price as investors move towards fiat currencies. This could see BTC testing support levels around $68,708.31 and potentially dropping to the lower Bollinger Band at $66,919.72.
2. Interest Rate Hold:
- Scenario: If the FOMC decides to hold the current interest rates steady, it might indicate a cautious approach towards economic growth.
- Impact on BTC: This could lead to a period of consolidation for BTC, where it could range between $68,000 and $69,500, maintaining stability but with limited upward momentum.
3. Interest Rate Cut:
- Scenario: A rate cut could signal economic concerns and an attempt to stimulate growth.
- Impact on BTC: This scenario could be highly bullish for BTC, as lower interest rates typically weaken the dollar, pushing investors towards alternative assets like Bitcoin. In this case, BTC could break past the recent high of $69,488.00 and aim for the upper Bollinger Band at $69,577.04 and beyond.
The FOMC's decision on interest rates is poised to create significant market movements in Bitcoin. Traders should stay informed and be ready to adjust their strategies accordingly. Whether BTC will soar to new heights or face a pullback, the upcoming FOMC meeting is set to be a critical moment for the crypto market. Stay vigilant and trade wisely! đđ #BTCFOMCWatch #CPIAlert
Bitcoin (BTC) has shown a notable surge, with its price currently at $69,220.01, up by 3.16%. However, traders are now on high alert as the Federal Reserve's upcoming decision on interest rates looms. The Federal Open Market Committee (FOMC) holds eight scheduled meetings per year, where they review economic and financial conditions, determine the stance of monetary policy, and assess risks to their goals of price stability and sustainable economic growth.
Potential Impact on BTC Price:
1. Interest Rate Hike:
- Scenario: If the FOMC decides to raise interest rates, it could lead to a strengthening of the US dollar.
- Impact on BTC: A stronger dollar often leads to a decrease in BTC price as investors move towards fiat currencies. This could see BTC testing support levels around $68,708.31 and potentially dropping to the lower Bollinger Band at $66,919.72.
2. Interest Rate Hold:
- Scenario: If the FOMC decides to hold the current interest rates steady, it might indicate a cautious approach towards economic growth.
- Impact on BTC: This could lead to a period of consolidation for BTC, where it could range between $68,000 and $69,500, maintaining stability but with limited upward momentum.
3. Interest Rate Cut:
- Scenario: A rate cut could signal economic concerns and an attempt to stimulate growth.
- Impact on BTC: This scenario could be highly bullish for BTC, as lower interest rates typically weaken the dollar, pushing investors towards alternative assets like Bitcoin. In this case, BTC could break past the recent high of $69,488.00 and aim for the upper Bollinger Band at $69,577.04 and beyond.
The FOMC's decision on interest rates is poised to create significant market movements in Bitcoin. Traders should stay informed and be ready to adjust their strategies accordingly. Whether BTC will soar to new heights or face a pullback, the upcoming FOMC meeting is set to be a critical moment for the crypto market. Stay vigilant and trade wisely! đđ #BTCFOMCWatch #CPIAlert
đš Alert!
Attention folks,
The volatility is not behind us yet,
Jerome Paul is gone give a speech and it might shake the market, I will again remind you not to use High leverage.
Here is the inflation data that came out today
Which the markets liked and are now hopeful of a rate cut in July or September.
đ”CPI year over year 3.3%, positive for
$BTC
đ”CPI Month over Month 0.0% again positive.
Just after FOMC conference we will know where the market is gone go, Rate cut is the single most powerful economic driver that impacts even BTC.
So that is why we got be careful with leverage.
I was again right on the CPI data, you can read my reason in an earlier post i made yesterday.
If you like these types of in depth information please give alike and a follow it encourages me to do more.
Be safe
#BTC
#FOMCForecast
Attention folks,
The volatility is not behind us yet,
Jerome Paul is gone give a speech and it might shake the market, I will again remind you not to use High leverage.
Here is the inflation data that came out today
Which the markets liked and are now hopeful of a rate cut in July or September.
đ”CPI year over year 3.3%, positive for
$BTC
đ”CPI Month over Month 0.0% again positive.
Just after FOMC conference we will know where the market is gone go, Rate cut is the single most powerful economic driver that impacts even BTC.
So that is why we got be careful with leverage.
I was again right on the CPI data, you can read my reason in an earlier post i made yesterday.
If you like these types of in depth information please give alike and a follow it encourages me to do more.
Be safe
#BTC
#FOMCForecast
The number of cryptocurrency ATMs worldwide will soon reach a record high. There are currently 38,278 ATMs, which is almost the same as the peak in December 2022. This means that cryptocurrencies are becoming increasingly accessible to regular users.
Well, now instead of just looking for an ATM, you can look for a crypto ATM. đ
#Crypto #CryptoFamily #US_Inflation_Easing_Alert
#FOMCForecast
Well, now instead of just looking for an ATM, you can look for a crypto ATM. đ
#Crypto #CryptoFamily #US_Inflation_Easing_Alert
#FOMCForecast
đșđČ CME Market gives us 89.7% Chances for a Pause from the US FED! đŻ #FOMCForecast
We keep observing âđœ
We keep observing âđœ
â
Why Iâm expecting this move âïž
Wednesday is going to be a very volatile day.
â ïžFOMC interest rate will be announced.
Most probbably there will be no change in rate.
But whales will use this opportunity to dump the market.
Iâm expecting a correction here.
We will share a short on $BTC soon.
#FOMCForecast #cryptoupdates2024 #bitcoinâ ïž #BinanceTurns7
Wednesday is going to be a very volatile day.
â ïžFOMC interest rate will be announced.
Most probbably there will be no change in rate.
But whales will use this opportunity to dump the market.
Iâm expecting a correction here.
We will share a short on $BTC soon.
#FOMCForecast #cryptoupdates2024 #bitcoinâ ïž #BinanceTurns7
LIVEUsmanTrader
--
Bearish
#Bitcoin this is the most expected move of Bitcoin.
We have 69k to 70k zone a heavy resistance area.
Expecting a price rejection from this level.
70k is a good area to open short.
Target can be 64500$ to 63000$â area.
$BTC #Bitcoin_Coneference_2024 #BinanceTurns7 #SOFR_Spike
We have 69k to 70k zone a heavy resistance area.
Expecting a price rejection from this level.
70k is a good area to open short.
Target can be 64500$ to 63000$â area.
$BTC #Bitcoin_Coneference_2024 #BinanceTurns7 #SOFR_Spike
#FOMC Minutes Today At 11:30 Pm (IST)
This Will Provide An Indication Of Upcoming Rate Hikes. So, We Will See Volatility On Both Sides.
I'll Update You Everything On Time - Just Follow Me And Stay Tuned.....
#FOMC_Decision #FOMCForecast
This Will Provide An Indication Of Upcoming Rate Hikes. So, We Will See Volatility On Both Sides.
I'll Update You Everything On Time - Just Follow Me And Stay Tuned.....
#FOMC_Decision #FOMCForecast
#btcupdates2024
đš FOMC Minutes Release Today: Brace for Volatility! đš
The market is on high alert as the Federal Open Market Committee (FOMC) releases its minutes today. This key event could trigger significant market movements, impacting everything from equities to crypto.
đ What to watch for:
Interest Rate Projections: Any hints on future hikes or pauses?
Economic Outlook: Insights on inflation, employment, and growth.
Market Reaction: Expect sharp moves across major assets, especially in Bitcoin and altcoins.
Stay informed and trade smart. Volatility = Opportunity!
đ #FOMC_Decision #CryptoDecision #BinanceSquareFamily
#FOMCForecast
đš FOMC Minutes Release Today: Brace for Volatility! đš
The market is on high alert as the Federal Open Market Committee (FOMC) releases its minutes today. This key event could trigger significant market movements, impacting everything from equities to crypto.
đ What to watch for:
Interest Rate Projections: Any hints on future hikes or pauses?
Economic Outlook: Insights on inflation, employment, and growth.
Market Reaction: Expect sharp moves across major assets, especially in Bitcoin and altcoins.
Stay informed and trade smart. Volatility = Opportunity!
đ #FOMC_Decision #CryptoDecision #BinanceSquareFamily
#FOMCForecast
đšđšđš Attention, everyone! đšđšđš
Hold onto your seats, folks! Get ready for a bold prediction from Peter Schiff: Bitcoin's price might drop to $20,000. Yes, the well-known gold enthusiast anticipates a significant decrease in the value of the top cryptocurrency.
But wait, there's more. Schiff suggests that MicroStrategy, a major player in the crypto world holding a large amount of Bitcoin, could face a massive unrealized loss of $3.25 billion if Bitcoin indeed reaches that level.
Accusations fly as Schiff alleges manipulation by MicroStrategy, adding to the ongoing debate about Bitcoin's future.
This shocking news comes right after Bitcoin's drop to $60,065 following the lukewarm response to a cryptocurrency ETF in Hong Kong.
Stay tuned as the crypto rollercoaster continues its unpredictable journey! đąđ„
If you found this helpful, feel free to leave a tip! đ„°
#Bitcoin #CryptoAlert #MarketInsights #Megadrop #FOMCForecast
Boom Boom
đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„
Hold onto your seats, folks! Get ready for a bold prediction from Peter Schiff: Bitcoin's price might drop to $20,000. Yes, the well-known gold enthusiast anticipates a significant decrease in the value of the top cryptocurrency.
But wait, there's more. Schiff suggests that MicroStrategy, a major player in the crypto world holding a large amount of Bitcoin, could face a massive unrealized loss of $3.25 billion if Bitcoin indeed reaches that level.
Accusations fly as Schiff alleges manipulation by MicroStrategy, adding to the ongoing debate about Bitcoin's future.
This shocking news comes right after Bitcoin's drop to $60,065 following the lukewarm response to a cryptocurrency ETF in Hong Kong.
Stay tuned as the crypto rollercoaster continues its unpredictable journey! đąđ„
If you found this helpful, feel free to leave a tip! đ„°
#Bitcoin #CryptoAlert #MarketInsights #Megadrop #FOMCForecast
Boom Boom
đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„
FOMC MINUTES REVIEL TIMING IS (11 PM IN PAKISTAN)
MARKET WILL AGAIN VOLATILE
so Be careful #BTCâ #FOMCForecast
MARKET WILL AGAIN VOLATILE
so Be careful #BTCâ #FOMCForecast
BTC back to $59K after 12K Mt.Gox BTC moved. Stocks stagnant, USD index broke lower, but Mt.Gox fears overshadowed. Leverage longs stacked at $61K resistance. Traders still majority long, risking $57K-$55K. FOMC, Jackson Hole this week. Crypto Fear/Greed low, but BTC vulnerable. Need $62.7K break. #bitcoinâïž #FearNGreed #FOMCForecast
US Fed Meet Highlights: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting, leaving the benchmark interest rates unchanged at 5.25 per cent - 5.50 per cent for the fifth straight meeting, in line with Street estimates. However, the FOMC said that it expects three rate cuts in 2024 despite sticky inflation.
The rate-setting panel ended its second policy-setting meeting of the year and unanimously voted to hold the policy rate at the 23-year high mark, but said it "does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward two per cent."
FOMC members also left the median projection for interest rates at end-2024 at the midpoint between 4.50 and 4.75. This means they still expect 0.75 percentage points of cuts before the end of the year, which would likely translate into three 0.25 percentage point cuts.
Alongside its rate decision, Fed policymakers also updated their economic forecasts, sharply upgrading the US growth outlook for this year to 2.1 percent, from 1.4 percent in December. Fed policymakers left the headline inflation forecast unchanged, but slightly raised the outlook for annual so-called "core" inflation -- which excludes energy and food prices -- to 2.6 per cent.
After raising the policy rate by 5.25 percentage points since March of 2022 in one of the swiftest Fed reactions to rising price pressures, the central bank has now kept the policy rate on hold since July 2023.
Stay tuned to our US Fed Meeting Live blog for the latest updates on FOMC meeting outcome.#FOMCForecast
The rate-setting panel ended its second policy-setting meeting of the year and unanimously voted to hold the policy rate at the 23-year high mark, but said it "does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward two per cent."
FOMC members also left the median projection for interest rates at end-2024 at the midpoint between 4.50 and 4.75. This means they still expect 0.75 percentage points of cuts before the end of the year, which would likely translate into three 0.25 percentage point cuts.
Alongside its rate decision, Fed policymakers also updated their economic forecasts, sharply upgrading the US growth outlook for this year to 2.1 percent, from 1.4 percent in December. Fed policymakers left the headline inflation forecast unchanged, but slightly raised the outlook for annual so-called "core" inflation -- which excludes energy and food prices -- to 2.6 per cent.
After raising the policy rate by 5.25 percentage points since March of 2022 in one of the swiftest Fed reactions to rising price pressures, the central bank has now kept the policy rate on hold since July 2023.
Stay tuned to our US Fed Meeting Live blog for the latest updates on FOMC meeting outcome.#FOMCForecast
đš Biggest Event of This Week đš
#CPI data release is scheduled for Thursday at 6 p.m. IST â°
CPI Expectations: 3.1%
This CPI data release is a critical indicator for the market.
đŽ If the CPI data comes in higher than expected: It may rule out the possibility of more than one rate cut this year.
đą If the CPI data comes in lower than expected: It could open the door for a rate cut in September.
What are your CPI expectations? Share your thoughts below! đ
#Crypto #FOMCForecast #Bitcoin
#CPI data release is scheduled for Thursday at 6 p.m. IST â°
CPI Expectations: 3.1%
This CPI data release is a critical indicator for the market.
đŽ If the CPI data comes in higher than expected: It may rule out the possibility of more than one rate cut this year.
đą If the CPI data comes in lower than expected: It could open the door for a rate cut in September.
What are your CPI expectations? Share your thoughts below! đ
#Crypto #FOMCForecast #Bitcoin
