Fed Holds Rates Steady But Signals Tightening Bias May Weigh on Crypto
The Federal Reserve’s June policy decision, scheduled for announcement on Tuesday at 2 PM EDT, is expected to hold interest rates steady at 3.5-3.75%, but markets are bracing for hawkish guidance that could weigh on crypto assets already pressured by persistent inflation and Middle East tensions. With a 99.5% probability of no rate change priced…