Analysts are almost sure that the Federal Reserve will maintain interest rates at their current levels in today’s FOMC meeting, with market expectations showing a 99.9% probability of no change. According to the FedWatch Tool, the target rate is expected to remain between 425 and 450 basis points.
CryptoJelleNL highlighted that despite pressure from former President Trump for rate cuts, the market anticipates no immediate action from the Fed. However, analysts are closely watching Fed Chair Jerome Powell’s speech to see if there are any indications of future rate changes that could trigger market volatility.
