What Time is the FOMC Meeting Today?
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BTCCSquare news:
The Federal Open Market Committee will announce its policy decision at 2:00 p.m. Eastern Time, with Chair Jerome Powell's press conference following at 2:30 p.m. Updated economic projections—covering growth, inflation, employment, and future interest rates—will be released alongside the decision. Markets anticipate a 25 basis point rate cut, reflecting heightened sensitivity to monetary policy shifts.
Cryptocurrency traders are monitoring the event closely, as Fed actions often trigger volatility across risk assets. Bitcoin and Ethereum, typically viewed as macro hedges, could see price swings depending on the tone of Powell's remarks. A dovish stance may fuel bullish momentum, while hawkish signals could pressure digital asset valuations.
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