All Eyes on Fed Speech: 3 Things to Watch in Week Ahead For Crypto Markets

Crypto Blog

Stock markets have shown signs of recovery, but the same cannot be said for crypto markets, which are facing heavy resistance.

This offers an in-depth account of the Fed policy outlook and includes details on committee members’ positions on monetary policy. There will also be insight into their opinions about the economic situation and trends going forward. His speech is expected to set the stage for an expected rate reduction in September and how much rates will drop in the following months.“The recent data flow is consistent with our soft-landing forecast,” wrote Bank of America Securities head of economics Michael Gapen in a note to clients on Friday.While tech stocks have ripped off the bottom, crypto assets have been sluggish.

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