🚨 It’s FOMC day: a 25 bps cut is expected, but the real focus will be on what Jerome Powell says. The move is largely priced in.
Key things I’ll be watching:
• Clues on when QT (quantitative tightening) will end.
• Signal whether a December cut is still on the table (market currently sees ~95% odds).
• Any hints at balance sheet strategy ahead of potential QE in 2026 (though I don’t expect that to be mentioned yet).
#fomc #MarketPullback #RateCutExpectations #FOMCMetting $BTC
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