🔥 Tomorrow – Federal Reserve meeting (9:00 PM MSK)

➟ This is the first Fed meeting with Kevin Warsh. Market attention will be focused not on the rate decision, but on the rhetoric of the new Fed Chair and economic forecasts.

➟ The interest rate will likely remain unchanged with nearly 100% certainty.

➟ After months of uncertainty regarding inflation and geopolitical tensions – the decision to keep the rate unchanged would reinforce the view that regulators prefer to let economic conditions stabilize rather than present the market with another surprise.

➟ For the crypto market, stability itself could become a catalyst for growth.

➟ Traders and investors are already on the rise after the announcement of the US-Iran agreement. The expected pause eliminates another uncertainty factor from the investment environment.

➟ If Warsh’s comments are measured and do not signal a shift to a more aggressive policy in the future (rate hikes), traders may interpret the meeting’s results as another step toward improved liquidity – Santiment