Analyst: If the Fed ends its quantitative tightening policy, it will be good for risk assets including Bitcoin

Odaily Planet Daily News Coindesk analyst Omkar Godbole said that the market is paying attention to the Federal Reserve's interest rate decision on Wednesday, believing that it may provide support to the market. Some believe that if an end to the balance sheet reduction program (ie quantitative tightening) is announced, this may have a positive impact on the market. The market expects the Federal Reserve to maintain interest rates in the current range of 4.25% to 4.50%. Therefore, the focus will be on how policymakers plan to advance the quantitative tightening program, as people are concerned that this may affect the liquidity of the system, while the Treasury Department is struggling to resolve the ongoing debt ceiling issue. In addition, the market will pay attention to the summary of economic forecasts. (CoinDesk)