Btc: Updated Insights on Fed Decision Timing and Economic Projections
Wednesday, 18 September 2024, 18:10
Btc and the Upcoming Fed Decision
As we approach the pivotal moment in financial markets, it is crucial for btc traders to stay informed. The Fed will reveal its latest interest-rate decision today at 2 p.m. Eastern.
Key Highlights
- Fed's announcement timing: 2 p.m. Eastern
- Press conference: 2:30 p.m. with Jerome Powell
- Market expectations: 63% chance of a half-point cut, 37% chance of a quarter-point cut
- Projected Fed funds rate: 4% - 4.25% by year-end
Understanding these updates will help btc investors anticipate market shifts. Stay tuned after the announcement and press conference for deeper insights on how these decisions will impact btc performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.