The Federal Reserve will announce its interest rate decision early Thursday morning, possibly cutting rates by 25 basis points.
Jinse Finance reported that the Federal Reserve will announce its interest rate decision at 02:00 (GMT+8) on October 30, followed by a press conference held by Powell at 02:30. Against the backdrop of a government shutdown and a data vacuum, the market generally expects a “blind” rate cut of 25 basis points. Powell faces significant pressure, and the timing of a pause in balance sheet reduction is also under close scrutiny.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PancakeSwap incubates on-chain prediction market Probable, set to launch on BNB Chain
Solana: Frequent DDoS Attacks in the Past Week, but No Impact on Network Performance
Data: Yesterday, the net outflow of Ethereum spot ETF reached $224.94 million
The top 25 banks in the United States are actively expanding into bitcoin business.
