The Fed meeting on July 31
The U.S. Central Bank, the FED, will announce its new interest rate decision on Wednesday, July 31. The expectation is that there will be no change in interest rates.
The main focus is not on the interest rate decision but on the guidance messages that will be provided after the meeting.
For the official FOMC calendar, see the The Fed – Meeting calendars and information
According to inflation data, while price increases in the US are slowing down, the FED has still not reached its 2% inflation target. This situation keeps the possibility of the FED maintaining higher interest rates for a while longer on the agenda.
The market’s curiosity about the 2025 discount
The statements that Federal Reserve Chairman Jerome Powell will make after the meeting may be about when to start the 2025 interest rate cuts. Recent economic data shows that the US economy is still strong. This is related to the FED not acting hastily.
What does the prolonged high interest rates mean for Crypto Assets?
This situation is putting pressure on Bitcoin and Altcoins. It is causing large investment funds to act more cautiously. For this reason, the FED’s stance is directly affecting not only traditional markets but also the crypto market.
Conclusion
The messages to be delivered at the FED’s July 31 meeting could be decisive for both traditional financial markets and crypto assets.
Disclaimer
This article is for informational purposes only and does not constitute financial or investment advice. Please conduct your own research before making any investment decisions.
