FOMC Watch: Investors should pay attention to tonight's Fed Dot Plot and Powell's Remarks

September 17th: As per a report by QCP Capital, it is anticipated that the Federal Reserve is set to initiate a rate cut cycle tonight. The initial cut will be 25 basis points, bringing the rate to 4.00–4.25%. Although the market has factored in a total of six rate cuts by 2026, investors remain concentrated on the dot plot and the wording of Powell's press conference. Even with the improvement in liquidity, the recent performance of the crypto market continues to trail behind traditional risk assets. It remains to be seen whether the Fed's stance tonight can narrow this gap.