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They'll announce their interest rate decision and a summary of their plans at 2 p.m. Eastern Time (that's 6 p.m. in London), followed by a chat with Fed boss Jerome Powell at 2:30 p.m. ET.

Pretty much everyone expects them to lower rates by a small amount—just 0.25%—bringing the key rate down to between 4% and 4.25%. This would be the first cut of the year, since prices aren't rising as fast anymore and the job market is cooling off

This cut is already priced into what investors are expecting.

Look for his words.... If the Fed sounds too cautious about future cuts (like saying "not so many more"), stocks might dip a tad. But overall, if things go as planned, expect the market to stay flat or even nudge higher—no big crash in sight.

Either way expect some big volatility until then. We saw that in Bitcoin thru the nite

116K to 117.3 and back right down again... market makers taking advantage of fragile minds

Comments

SamuraiCop

What's up with ASST?

Fab

How low the crypto market can drop in 1-day? 5-10% or higher?

Roy Jones

Come on FED Cut my horses are at the gate.🐎

S A

Wondering the same, that’s some wild swings

Always_Freedom

**7PM UK time (not 6PM as stated) - UK is 5hrs ahead of ET

rkcrypto

Don’t be so sure. Rate cuts could signal the top. Prepare for all possibilities.

iroc007

Hoping for a dip in $SE.

Ben Young

7pm London, NOT 6pm

Ben Young

Looks like Bloomberg Television YouTube channel might be covering it

Quantum Alpha

Polymarkets: 25 bps 93% 50 bps 6% Ape responsibly 🦍👀🍿

rkcrypto

James was a little too quick on this post. Market selling off. It’s not the rate cut, it’s what JP says and his demeanor that may result in a further selloff.