🎙️ Powell’s Remarks
Fed Chair Jerome Powell confirmed during the press conference that he will not step down during the ongoing investigation, and will continue to serve if necessary, even as an “acting chair.”
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🚨 Fed Holds Tomorrow: Crypto Volatility Alert! ⚠️
99% odds rates steady 3.50-3.75%. Inflation hot (2.9%), jobs cooling (4.4% unemployment).
BTC scenarios:
No cuts → $65K
1 cut → $68-74K
2 cuts → $75K+
"Sell-the-news" pattern likely. Buy the dip? 👇
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FERC's Formula Rate Decision Sparks Criticism Over Potential Electricity Bill Impacts #MISO #FERC #Electricity #RateDecision #GridModernization #ConsumerProtection
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Tomorrow the Bank of Canada will either:
A) Cut rates and be heroes
B) Hold steady and ruin everyone’s summer plans
C) Flip a coin and blame the Carney
unrate.ca/bank-of-cana...
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#BoCWatch
The FOMC will announce its interest rate decision on January 29, 2025. Economists expect a pause in rate hikes due to slowing global growth, despite White House pressure to keep rates low to support economic expansion.
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