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06/17 11:01

Fed Rate Decision Today: What To Expect From Kevin

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #HTXCommunity4thAnniversary Fed Rate Decision Today: What To Expect From Kevin Warsh’s First FOMC MeetingThe Federal Reserve is expected to keep interest rates unchanged today, but that is not the main thing crypto traders are watching. Instead, all eyes are on new Fed Chair Kevin Warsh as he leads his first FOMC meeting. With Bitcoin recovering above $65,000, traders are waiting to see whether his comments on inflation, liquidity, and the economy could fuel the next crypto market rally. No Rate Cut Expected, But Markets Are Eyeing Warsh Speech The Federal Open Market Committee (FOMC) will release its policy decision today, followed by Kevin Warsh’s first press conference as Fed Chair. Markets are almost certain the Fed will keep its benchmark interest rate unchanged at 3.50% to 3.75%. Data from the CME FedWatch Tool shows a 99% probability of no rate change at this meeting. At the same time, market expectations remain divided. While prediction markets show little chance of a rate hike today, Bank of America’s latest fund manager survey found that 40% of investors now expect at least one rate hike within the next 12 months, up sharply from 16% in May. However, the focus is now on what Kevin Warsh says about inflation, the economy, and the overall market outlook.

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