Key week: Clarity Act vote, Fed decision and Bank of Japan meeting
- —US Senate votes on Clarity Act: 60 votes needed to advance
- —Senator Lummis said all Democratic amendments have been incorporated into the bill
- —The Fed will announce its rate decision on Wednesday, market expects a pause with 87% probability
- —The Bank of Japan may raise rates by 25 bps to 1.25% on Friday
Why it matters: The Clarity Act vote will determine the fate of crypto regulation in the US, while Fed and Bank of Japan decisions will set the tone for risk assets.
Source: Uzmancoin