Summary: “We’re seeing 83% for a cut at the next meeting,” Olszewicz said of the market’s starting point, adding that if expectations “shift towards no cut, I’d expect the markets to be very angry,” whereas a surprise 50 bps “is probably unlikely” but would be greeted “in a bullish, happy way. Between now and then, the Chair’s tone on inflation progress, labor-market cooling, and the possibility of pre-emptive easing will determine whether this week’s “nothing burger” becomes the base for a new leg higher—or a reminder that macro still has the final say at the top of crypto’s risk cascade.
By Jake Simmons on 2025-08-19 15:00. Aggregated by Coinblockers.