This week is going to be very volatile, as Powell reveals Fe
Ashleyez
Updated at: 13 hours ago
{"content":"This week is going to be very volatile, as Powell reveals Fed Interest Rate decision tomorrow! As you can see, consensus is "no change".
However, for the last few weeks Trump has been pushing Powell for Rate cut, clearly saying that if Powell refuses to do so, Trump will fire him. SPX index has been hitting new ATH every day for the last three weeks, I think that the cut is already priced in!
Thus, if Powell decides to stand strong and leave the Interest Rate unchanged, I expect a harsh decline on SPX and crypto! On the other hand, if Powell makes a cut, I expect a super choppy week with long wicks both sides.
I don't really see what should happen to continue the pump instantly, so position yourself accordingly: cut high-lev longs and book some profits across the board to stay safe!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/29/b5d968f2a0e39ebb5c7caa9569f53b0e.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}