The "Hurricane" Week in Washington: The Focus on FED Interest Rates and the CLARITY Bill
Global financial markets are turning their attention to the capital, Washington, this week with a series of decisive events. Kicking off on Tuesday (27/01) is the important markup session of bill #CLARITY at the U.S. Agriculture Committee, a legislative document expected to reshape the entire structure of the digital asset market. Shortly after, on Wednesday, the U.S. Federal Reserve (FED) will announce its interest rate decision along with a dramatic press conference by Chairman Jerome Powell. Analysts are currently leaning towards the scenario of maintaining interest rates to monitor further economic signals.
The combination of legal changes and monetary policy is putting significant pressure on short-term trading orders. Supporting a clear legal framework through CLARITY will help investors feel confident in accompanying the development of blockchain technology. However, if interest rates continue to remain high, the flow of capital into risky assets may be restricted. Investors should pay particular attention to unemployment claims data on Thursday and the PPI inflation index on Friday for a comprehensive view. All asset transfer activities during this period need to be calculated carefully to avoid unexpected market fluctuations. $BTC
