Analysts: Fed is expected to raise inflation expectations while reducing growth expectations
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According to Golden Finance, Bitcoin price rose slightly, but Bitcoin was still fluctuating in the range before the Fed's interest rate decision was announced. The Fed is expected to keep interest rates unchanged. Pepperstone strategist Michael Brown said policymakers do not want to "destroy the status quo", and Fed Chairman Powell may reiterate that the Fed is not in a hurry to cut further interest rates. He said the latest economic forecasts could raise inflation expectations and lower growth forecasts due to President Trump’s tariffs. However, he said the latest interest rate forecast should remain basically the same. “From the market perspective, this should not have much impact on the market.”