The Federal Reserve is set to announce its interest rate decision today, likely between 7:00-7:30 UTC. This FOMC meeting is a big deal for global monetary policy as we head into 2026. The market is expecting a 0.25% rate cut, and everyone's keeping an eye on the press conference that follows .
XRP
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A surprise 0.5% rate cut could give the market a boost, but that's considered unlikely. On the other hand, if rates stay the same, the market might take a hit. The Fed's decision will have a ripple effect on crypto and traditional markets, so traders are on high alert .
The Fed is likely to reduce the central bank's benchmark rate to help stabilize the weakening labor market. The current federal funds rate is expected to be cut to 3.50%-3.75% ..