Upcoming Jackson Hole Speech Might Define Crypto Market Future
The annual Federal Reserve meeting at Jackson Hole is currently underway which means that the central bank’s economic agenda for the year is about to be revealed.
Today at 02:00 pm UTC, the Federal Reserve chair Jerome Powell will give his annual Jackson Hole speech and unveil the key economic data.
This year’s conference is particularly highly anticipated. The Federal Reserve is expected to announce what measures it will take to avoid a recession and how it will deal with the interest rates. Depending on the answers, the crypto market might rally or plummet as it has done before. That’s why many crypto enthusiasts are on their toes today.
You can watch Jerome Powell’s speech live on the Kansas City Fed’s YouTube channel today at 2:00 pm UTC.