- BTC0%
- ETH0%
- CL0%
CoinEx News: The Fed is set to conclude its June 16-17 meeting — the first led by new chair Kevin Warsh — and almost everyone expects it to leave interest rates unchanged. U.S. inflation is still a bit high (May CPI at 4.2%), which keeps the Fed cautious, but falling oil prices (Brent near $78, WTI near $75) after a US-Iran deal ease the pressure to hike rates further.
What it means for crypto: most analysts don't expect the Fed to actually change course until September — not June or July. So this meeting probably won't be a big trigger for BTC or ETH either way. The real things to watch next are upcoming inflation and jobs data, not today's decision.
Disclaimer: The current content is provided for reference only and does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
- CoinsPrice24H Change