/crypto
Alechenu
·
2 years ago
If Fed Chairman Powell Doesn't Give This Message, Bitcoin's Rally May Be Over!
Not only in Bitcoin, but also in all global markets, tonight's FED interest rate decision and subsequent statements will be followed closely.
The biggest feature that distinguishes today from other interest rate decision days is that it will mark a turning point.
Today, it will be expected to give a signal from the FED that the interest rate hikes will stop after the 25 basis point rate hike. If the FED gives this signal, the interest rate hike period will be exited and the interest rates will be left high and fixed for a while. This scenario is expected to have a positive impact on risky assets and stock markets such as Bitcoin.
However, if there is no clear signal that the interest rate hikes will stop after the 25 basis point rate hike, this may increase the uneasiness of the market and cause a withdrawal in risky assets.
"The Change in the Text of the Decision Will Be Decisive"
Although economists are not very optimistic about the messages to be given by the FED, they do not expect a statement that will disturb the markets.
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