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Is Powell About To Pump Crypto After FOMC Odds: CPI Data Sets Stage For Mega FOMC

  • Crypto traders are speculating on the possibility of rate cuts by the Federal Reserve after FOMC odds.
  • Inflation is cooling and jobless claims are shrinking, adding to the narrative of a policy shift from Fed Chair Jerome Powell.
  • Short-term interest rate futures and options activity suggest an expectation of rate cuts amidst uncertainties caused by trade policies.
  • February's Consumer Price Index, which crept up just 0.2%, supports the potential for rate cuts if the economy takes a turn for the worse.

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