Fed Rate Decision Preview: Inflation Worries and Policy Divergence in Focus

The notable signal here is less the rate decision itself than the visible split inside the Fed, since internal disagreement complicates any read on the forward path. That matters for crypto and other risk assets, which have leaned heavily on rate expectations rather than fundamentals. The open question is whether the inflation concerns cited prove persistent enough to keep policy divergence in play, or whether the committee converges — the tone around that split is likely to move sentiment more than the headline decision.