X @Ash Crypto

🇺🇸 The FED FOMC rate cut decision will be announced tomorrow at 2pm ET.The market is expecting a 25 bps rate cut at this meeting, so it won't impact the market much.What's even more important is Powell's speech, which will start at 2:30pm ET.The job market is already cooked, and last week's CPI also came lower than expected.Along with that, US economic activity is also slowing down due to the government shutdown.All these things are enough for Powell to be dovish, but there's more to it.For the first time i ...