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Federal Reserve Watch — Focus for This Week
Wednesday's key focus points:
・3:00 AM Beijing time the next day: Release of interest rate decision
・Simultaneous release of Federal Open Market Committee policy statement
・3:30 AM Beijing time the next day: Powell's speech
The market expects the Federal Reserve to pause rate cuts, which caused a short-term dip in Bitcoin. Currently, everyone is paying attention to Powell's speech on the 28th. It can be seen that the current Fed stance is reflected here. If Powell emphasizes inflation risks, it may suppress rate cut expectations and negatively impact risk assets; if he hints that the pause is temporary, it could be bullish for risk assets.
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