Fed to announce rate decision at 7 pm CET: range holds at 3.75–4% after September hike
- —Fed funds target range stays at 3.75–4% after the September 16 quarter-point hike
- —Decision due at 2 pm ET, with the chair's press conference 30 minutes later
- —No new dot plot today; next projections come with the December 8–9 meeting
- —Bitcoin at $81,352, up 1.7% in 24 hours but down about 2.7% in October
Why it matters: With no fresh projections, traders will parse the statement and press conference for direction, raising the risk of sharp moves in leveraged positions.
Source: CryptoTicker