Fed Minutes Signal Delayed Rate Cuts, Crypto Markets Brace for Impact
Federal Reserve officials remain cautious about cutting interest rates, with March now unlikely for any reduction. The latest minutes reveal a divided FOMC, voting 10-2 to hold rates steady in the 3.50%-3.75% range. Market expectations align—CME FedWatch shows a 94% probability of unchanged rates.
Policymakers like Christopher Waller advocate for patience, while others push for cuts if inflation cools further. This uncertainty looms over risk assets, including cryptocurrencies, as traders recalibrate expectations for liquidity conditions.