
FOMC Meeting on March 19: Fed expected to hold rates steady at 4.25%-4.5%, with Powell's speech offering key market insights.
Crypto Market Eyes Bull Rally: Bitcoin holds $83K as analysts predict altcoin surge post-FOMC decision and liquidity shifts.
This week, all eyes are on the markets as a crucial economic event takes place. With major economic data being released and the Federal Open Market Committee (FOMC) meeting set for Wednesday, March 19th, itโs a week you wonโt want to miss.
FOMC Interest Rate Decision: What to Expect
The Federal Reserveโs interest rate decision is scheduled for Wednesday. As of now, analysts do not expect any changes to the current rate of 4.25% to 4.5%. However, the real focus will be on the press conference held by Jerome Powell at 2:30 p.m. During this time, Powell will address the media, and the Q&A session will provide valuable insights into the future outlook for the economy.
Interest Rate Cuts May Not Be Immediate
While no rate cuts are expected in the upcoming meeting, analysts are predicting the first rate cut of 2025 may occur in June. The Federal Reserve is unlikely to cut rates at this meeting, but many are hoping for some optimistic statements from Powell, which could send bullish signals to the markets.
Quantitative Tightening and Market Impact
Another key aspect to watch is the potential halt of quantitative tightening (QT). The Fed has indicated that it might stop the runoff of its balance sheet by mid-2025. While this is not a guarantee, any indication of a shift in monetary policy would be bullish for the markets, as it could signal more liquidity entering the economy.
Markets Eyeing March 19th Decision
Bitcoinโs price currently hovers around $83,000, with some support seen at the $78,000 level. The broader altcoin market remains volatile, with liquidity yet to show a significant uptick.
Speculation is rising that the next altcoin rally will begin soon. And as explained by Chiefy, just like in 2021, the market is expected to surge after a period of shakeouts. Crypto moves in a predictable cycle every 4 years, starting with Bitcoin’s halving and unfolding step by step.
According to them, the pattern is clear: accumulation, breakout, euphoric highs, and then a reset. After the shakeout phase, the market is shifting into an uptrend, signaling the start of a bull rally. Some altcoins to watch include Realio, Sonic, Ondo, Band Protocol, Render, Filecoin, Theta, Sui, Helium, Jupiter and Hyperliquid.
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FAQs
The next FOMC meeting is on March 19, 2025, where the Fed will decide on interest rates and discuss future monetary policy.
The Fed is expected to keep rates at 4.25%โ4.5% in March 2025, with potential cuts anticipated later in the year, possibly starting in June.