Tonight's focus should be on the dot plot (number of rate cuts this year), economic forecasts, and Powell's press conference (2:30 AM), capturing his bias through Powell's speech.
Powell reiterated that fighting inflation is a priority, especially with the recent surge in oil prices due to the conflict in Israel, which will amplify short-term volatility in cryptocurrencies.
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Tonight's focus should be on the dot plot (number of rate cuts this year), economic forecasts, and Powell's press conference (2:30 AM), capturing his bias through Powell's speech.
Powell reiterated that fighting inflation is a priority, especially with the recent surge in oil prices due to the conflict in Israel, which will amplify short-term volatility in cryptocurrencies.