The post Key U.S. Economic Event To Watch Out This Week appeared first on Coinpedia Fintech News
This week is packed with major U.S. economic and political events, and crypto investors are watching closely. From the Federal Reserve’s rate decision to inflation data, and together they could influence how Bitcoin and altcoins may react next.
Lets see what are the key U.S event to watch this week,.
28 Jan : FOMC interest-rate decision, Powell’s Speech
On January 28, the Federal Reserve will announce its interest rate decision, followed by Jerome Powell’s press conference. According to the CME FedWatch Tool, there is a 97% chance the Fed will keep rates unchanged at current levels.
While no rate change is expected, crypto traders will closely listen to Powell’s tone. Any hint of future rate cuts could boost Bitcoin and altcoins, as lower rates typically increase appetite for risk assets.
29 Jan: Jobs Data and Crypto Market Structure Bill in Focus
January 29 brings Init
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