FOMC expected to hold Wednesday, but rate hikes may not be over
- —FOMC is expected to hold the target range at 3.75%-4.00%
- —Inflation remains well above the 2% goal
- —One 25-basis-point hike has already been delivered, and more may follow
Why it matters: Fed policy drives liquidity and risk appetite, so the FOMC tone will set the direction for bitcoin and crypto markets.
Source: Seeking Alpha Crypto