Week ahead: Fed rate decision and CLARITY Act vote
- —Fed meeting on September 15–16, rate decision on Wednesday at 21:00 MSK
- —On Tuesday, the Senate votes on the CLARITY Act on rules for the crypto industry
- —The yield on 20-year US Treasuries rose to ~5.4%
- —On Wednesday, August retail sales data will also be released
Why it matters: A rate hike and rising Treasury yields could increase pressure on bitcoin and risk assets, while the CLARITY Act vote will determine regulatory clarity in the US.
Source: Newsbit