
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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