The Federal Reserve is widely expected to hold interest rates unchanged for a second straight FOMC meeting, with markets having mostly priced in a pause. Investors will instead focus on the dot plot and Chair Powell’s press conference for clues on the timing of future cuts.
The Federal Reserve left its benchmark rate unchanged at 3.50%–3.75%, while Bitcoin (BTC) and Ethereum (ETH) showed little movement as markets await Chair Jerome Powell's speech for further guidance.