📘 The Fed outlook is shifting — and markets are adjusting
For a while, many expected rate cuts in 2026. That expectation is now weakening, and crypto markets are responding as liquidity assumptions change.
JPMorgan no longer sees cuts in 2026 and now expects a 25 bps hike in Q3 2027. Goldman Sachs has also moved its outlook to mid or late 2026, with other banks making similar delays. CME FedWatch shows a 95% chance the Fed keeps rates unchanged at the January meeting.
For $BTC and $ETH, this is important because tighter liquidity often reduces momentum and favors steady, patient positioning over short-term narratives.
Bottom line: looser financial conditions may arrive later than many expected.