TechFlow news, September 18 — QCP Capital's latest analysis indicates that the Federal Open Market Committee (FOMC) will hold its highly anticipated monetary policy meeting today (early morning Beijing time, September 19). Based on federal funds futures pricing, market participants anticipate a 33% probability of a 25-basis-point rate cut and a 66% probability of a 50-basis-point cut. Among the 114 economists surveyed by Bloomberg, 104 predict a 25-basis-point cut, while only nine expect a 50-basis-point reduction. This divergence extends into long-term forecasts through 2026.
The report highlights multiple uncertainties surrounding the FOMC meeting outcome, including the specific interest rate decision, the dot plot in the updated Summary of Economic Projections (SEP), and Chair Powell’s press conference. Analysts expect significantly elevated financial market volatility in the days following the meeting, potentially marking the beginning of a new macroeconomic trend. With a potential rate-cutting cycle on the horizon, QCP recommends investors focus on hard assets, particularly Bitcoin. Despite possible short-term pullbacks and high volatility, analysts remain bullish on Bitcoin’s long-term price trajectory.
