Fed Preview News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We do not anticipate the Fed to make changes to its monetary policy in the December meeting, in line with broad consensus and market expectations.

Ether declined more than 3% to $1,650 less than three hours after the Fed ended its more than year-long diet of interest rate increases. ADA plunged more than 5%, while SOL and Matic each dropped over 4%.

We expect the Fed to maintain rates unchanged next week, markets price in a modest 25% probability of a 25bp hike.

We expect the Fed to deliver a final hike of the tightening cycle bringing the Fed Funds Rate to 5.00-5.25%. With no updated projections and markets already pricing in around 20bp ahead of the meeting, the main emphasis will be on Powell's verbal guidance.

Oil prices rise and advance for the second consecutive day as market confidence improves further, but the outlook for energy commodities remains challenging.