Fed Interest Rate Decision Looms Over Global Financial Markets

The Federal Reserve's decision on interest rates has become a crucial event for financial markets worldwide. This week, the Fed is expected to announce its July interest rate decision on Wednesday, July 29th at 9:00 PM Turkish time.

Markets are closely watching this event as it could impact various assets, including gold, oil, Bitcoin (BTC), and other cryptocurrencies.

The probability of keeping rates unchanged is priced at 66.3%, while the probability of a 25 basis point rate increase is priced at 33.7%. Experts believe that inflationary effects are still limited, and tariffs have already been reflected in prices.

Moody's Analytics Chief Economist Mark Zandi said, 'I expect the Fed to keep interest rates unchanged this year and going into next year.'