While the economic uncertainty created by President Donald Trump’s aggressive tariff policies and government spending measures complicates the inflation, growth and unemployment outlook, the FED is preparing to extend its pause in interest rate cuts at 21:00 (UTC+3) today.
The decision to keep interest rates on hold will keep the benchmark interest rate at 4.25% to 4.5%, a level set in December, following a series of cuts in the second half of 2024.
Half an hour after the decision (at 21:30), FED Chairman Jerome Powell will hold a press conference and this meeting is of critical importance. As Bitcoinsistemi.com, we will be reporting this meeting directly to you.
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Bitcoin price rebounds ahead of Fed decision and is trading above $84,000:
BTC ($84,621.72) price view before the FED decision.One of the most anticipated elements of the Fed’s March meeting is an updated “dot plot” of Fed officials’ three-month projections of interest rate expectations. In December, policymakers had forecast two rate cuts, equivalent to a 0.5 percentage point cut in 2025. That estimate was more conservative than the previous estimate in September, which called for a full percentage point cut.
There is increasing speculation that the Fed could temper expectations by signaling just one rate cut this year. Some economists believe the Fed will maintain its forecast of two cuts, even as it acknowledges higher inflation and slower growth due to Trump’s policies. Markets expect at least two rate cuts through 2026 as economic conditions potentially weaken, prompting the Fed to intervene.
*This is not investment advice.
Continue Reading: Minutes to Go for the Critical FED Interest Rate Decision – Here’s What to Know Before the Announcement and the Latest Situation in Bitcoin
