Markets are pricing in a near-zero probability of a policy move before the Federal Reserve’s decision and Chair Jerome Powell’s press conference on Wednesday at 2:30 p.m. Eastern Time.
The Federal Reserve has begun its two-day Federal Open Market Committee, or FOMC (Federal Reserve policy-setting committee), meeting, with markets assigning a near-zero chance of an interest-rate change. The policy decision and a press conference by Chair Jerome Powell are scheduled for Wednesday at 2:30 p.m. Eastern Time. For crypto markets, Federal Reserve decisions matter because interest-rate expectations influence liquidity, risk appetite, and the relative attractiveness of assets such as Bitcoin and other digital tokens.