𝐓𝐡𝐞 𝐁𝐢𝐠𝐠𝐞𝐬𝐭 𝐄𝐯𝐞𝐧𝐭 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐖𝐞𝐞𝐤 🚨🚨                                                                                                                                                                                                                                                 

The FOMC rate cut decision is scheduled to happen on 30th Jan at 12:30 am IST 

The market is forecasting a 99.5% probability of no rate cut this time.

But there is something even more important than the rate cut that is Jerome Powell's speech, which will happen on the same day.

Since the last #FOMC meeting, several inflation metrics data, like Core CPI and PPI, have come in lower than expected.

This could push #Powell and the FED to begin the rate cut again and to also increase the number of rate cuts forecast in 2025.

If that doesn't happen, the #crypto market could experience a sharp correction.

Keep an eye on this.