BlockBeats News, September 17th: A QCP Capital report indicated that the Federal Reserve is expected to kick off a rate cut cycle tonight, with an initial cut of 25 basis points to 4.00–4.25%. While the market has priced in a total of six rate cuts by 2026, investors are still focused on the dot plot and Powell's press conference wording.
Despite improved liquidity, the recent performance of the crypto market continues to lag behind traditional risk assets. Whether tonight's Fed stance can narrow this gap remains to be seen.