Federal Reserve's FOMC meeting in 2025 with market awaiting Powell's decision
The Federal Open Market Committee (FOMC) will hold its first meeting on Thursday, January 29th. The interest rate decision will be announced at 2:00 pm local time, followed by Jerome Powell’s press conference at 2:30 pm. This meeting is crucial due to recent interest rate tensions and inflation concerns. Traders and financial market participants, especially in the digital currency market, are closely monitoring this event as its outcomes can significantly impact market trends.