What to discern, my dear spectators:
- Alas! The cryptic coins took a dive, hand in hand with American shares on this fateful Tuesday.
- The almighty Federal Reserve commences its grand assembly today, with the great unveiling scheduled for the morrow, once the sun has reached its zenith in the U.S. skies.
- No soul expects the Fed to slash rates come tomorrow, yet the greedy investors will peep and pry, seeking any hint of the central bank’s tender heart amidst the economic and market mayhem.
In the wake of a few sessions where all was wine and roses, the fickle risk markets have scurried back to their dens, a mere day prior to the grand reveal of the Federal Reserve’s policy meeting.
The enigmatic Bitcoin, at the chime of the press, was seen at a mere $81,300, a 3.5% descent from its prior day’s splendor. Solana (SOL), the mighty ether (ETH), and XRP followed suit with losses that were, shall we say, less than modest.
As the trading day neared its close, the Nasdaq was seen in a 1.7% swoon, while the S&P 500 took a 1.1% tumble.
The Federal Open Market Committee has embarked on its two-day quest for wisdom, with the much-anticipated results and the eloquent Chairman Jerome Powell’s address set for the afternoon of the hump day.
No rate changes are foreseen, yet the eager traders will scan for signs that the Fed might, just might, show a softer feather, considering the recent market tempests and the inflation dragon’s yawn.
Yet, the market’s Tuesday antics suggest a case of the nerves, as if the Fed might not yet be inclined to sprinkle its policy magic. After all, the inflation downturn was but a whisper, and the market’s dip—a mere trifle compared to its past, glorious ascents.
According to the all-seeing CME FedWatch, the rate predictors today see nary a chance of rate cuts on the morrow, and a mere 20% likelihood at the next gathering in May. But lo! For June, a 66% chance of the Fed’s rate-cutting scissors making an appearance.
Read More
- Best Crosshair Codes for Fragpunk
- Monster Hunter Wilds Character Design Codes – Ultimate Collection
- Enigma Of Sepia Tier List & Reroll Guide
- Hollow Era Private Server Codes [RELEASE]
- Wuthering Waves: How to Unlock the Reyes Ruins
- FARTCOIN PREDICTION. FARTCOIN cryptocurrency
- Ultimate Tales of Wind Radiant Rebirth Tier List
- Best Crossbow Build in Kingdom Come Deliverance 2
- Best Jotunnslayer Hordes of Hel Character Builds
- Skull and Bones Timed Out: Players Frustrated by PSN Issues
2025-03-18 22:14