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Express News | FOMC Projects Lower GDP and Uncertainty, No Rate Change
Fed Dot Plot in Full View as Market Holds on a Higher Note: Live Stock News
Summers: The stagflation shock caused by Trump's tariffs puts the Federal Reserve in a difficult position.
The Federal Reserve will announce its interest rate decision on Wednesday afternoon local time. Former U.S. Treasury Secretary Lawrence Summers stated that the Federal Reserve is facing the "toughest challenge" amid rising prices and declining job opportunities. Summers expects that the Federal Open Market Committee (FOMC) will keep interest rates unchanged on Wednesday, in line with market expectations. The CME Group's FedWatch tool indicates that there is a 99% probability that the rates will remain unchanged at this meeting, and a likelihood of more than 60% for significant rate cuts starting in July, which will rise to nearly 90% in September.
CME Group Announces First Trades of Solana (SOL) Futures
Express News | CME Group Announces First Trades of Solana (Sol) Futures
Solana Underperforms Historical Bitcoin, Ethereum Volumes On First Day Of CME Futures Trading
, when you say it seems a buying opportunity for down 13%, is that because it is down, or down to a good level or based on technical analysis etc?
