Analyst: Expects the Fed to raise inflation expectations while lowering growth expectations

BlockBeats News, March 19th, Bitcoin's price saw a slight increase, but it remained within a range as the Federal Reserve interest rate decision approaches. The Federal Reserve is expected to keep the interest rate unchanged. Pepperstone strategist Michael Brown stated that policymakers do not want to "disrupt the status quo," and Federal Reserve Chairman Powell may reiterate that the Fed is not in a hurry to further cut interest rates. He said that due to President Trump's tariff policy, the latest economic forecasts may raise inflation expectations and lower growth forecasts. However, he mentioned that the latest interest rate forecasts should remain largely unchanged. "From a market perspective, this should not have a significant impact on the market." (FXStreet)