The most important data of the day 12/18/2024

We will watch the interest rate decision and the FOMC meeting live on my YouTube channel with instant translation.

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US Interest Rate Decision

A Decision That Closely Monitors the Economy

🔸The US Federal Reserve (Fed) evaluates the country's economy at its meetings at regular intervals and makes changes to interest rates. These decisions have significant effects on both the US economy and financial markets around the world.

What is the Importance of the Interest Rate Decision?

🔸Fighting Inflation: Interest rates are generally used to control inflation. When inflation is high, the Fed makes borrowing more expensive by increasing interest rates and thus tries to reduce inflation by reducing spending.

🔸Economic Growth: Interest rates also affect economic growth. Low interest rates encourage investment and support economic growth, while high interest rates can slow growth.

🔸Exchange Rate: Interest rate decisions also affect the value of the dollar against other currencies. High interest rates can increase the value of the dollar.

🔸Financial Markets: Interest rate decisions significantly affect price movements in financial markets such as stocks, bonds and commodities.

HOW WILL#BitcoinBE AFFECTED IF IT COMES LOW?

🔸We can easily say that interest in Bitcoin will increase.

Because when interest rates fall, the returns on traditional investment instruments decrease. This situation directs investors to alternative investment instruments that offer higher return potential. Bitcoin is a frequently preferred option among these alternatives.

🔸The same can be said for Gold (#XAU) and Silver (#XAG).

If it comes high; The investment direction will advance in the traditional and Dollar route.

🔸Of course, the statements after the decision will also play a heavy role in this.You should minimize your risk by considering that the market will be volatile at those hours.