Crypto Market Eyes Fed Events
This is a news story, published by CoinGape, that relates primarily to Jerome Powell news.
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•Crypto Market Awaits FOMC Minutes & Fed Chair Powell's Speech
77% Informative
The crypto market awaits key events next week , which include the July FOMC Minutes and Fed Chair Jerome Powell ’s speech at the Jackson Hole Retreat .
The global financial market, along with the crypto market, is eagerly waiting for these events, with anticipation soaring over a potential rate cut by the US Federal Reserve in September .
CME FedWatch Tool data showed that there is a 75% chance of the Fed announcing a 25 bps rate cut at their September meeting.
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