After a couple of sessions of good vibrations, the risk markets returned to retire on Tuesday, one day before the results of the Federal Reserve Meeting of the United States this week.
Bitcoin was quoted at $ 81,300 at the time of the publication, lower by 3.5% in the last 24 hours. Solana (Sol), Ether (ETH) and XRP were publishing modestly higher losses.
A little more than an hour before the closure of trade, Nasdaq dropped 1.7% and S&P 500 1.1%.
The Federal Open Market Committee began today its two -day policy meeting, with the results and the press conference after the meeting of President Jerome Powell scheduled for the United States schedule on Wednesday afternoon.
While no one awaits a change in interest rates, merchants will seek signals that Fed may be changing hair more given by the recent turbulence of the market and a deceleration in inflation.
However, market action suggests that nervousness that Fed is not yet ready to further relieve policies. After all, the recession in inflation seen in February was not so great and it was just a report. And the fall in the markets, although painful for many, has also been quite modest given the impressive highest race in recent years.
According to CME Fedwatch, today’s rates merchants do not see any possibility that Fed reduction rates tomorrow and only 20% chances of the Central Bank being at its next meeting in May. However, for June, there is a 66% chance that the FED reduces rates.
