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What time is FOMC Meeting Today
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
The Federal Reserve will announce its latest interest rate decision at 2:00 PM ET today. The current target range is 3.50%–3.75%, while markets expect a 25-basis-point hike to 3.75%–4.00%. The bigger market reaction could come from the Fed’s guidance on future rate moves. A hike could pressure stocks and crypto, while a hold could provide relief to risk assets. The decision and subsequent guidance are expected to be key volatility catalysts for crypto markets.
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