FOMC Meeting Today : Bitcoin, Gold and Silver Price Outlook Ahead of Fed Rate Decision
Photo: Coinpedia
Bitcoin, gold and silver price are in focus ahead of the US Federal Reserve’s FOMC Meeting on October 28 . The decision is scheduled for 2:00 PM ET, followed by Fed Chair Kevin Warsh’s press conference at 2:30 PM ET. Markets are pricing in a high chance of the Fed keeping interest rates unchanged . However, rising inflation and concerns about economic growth could make the Fed’s comments important for the next move in financial markets. Markets are pricing in a 93.4% chance of the Fed keeping rates unchanged and a 6.6% chance of a rate hike.
Source: Coinpedia
