What Today's Fed Decision Could Mean for Crypto

What Today's Fed Decision Could Mean for Crypto
At 2:30 p.m. Eastern time Wednesday, the Federal Open Markets Committee (FOMC) will announce the decisions reached during its latest two-day meeting that started yesterday. The announcement will have a huge bearing on the direction of the U.S. economy as a whole. It may have particularly pronounced impacts on both short- and long-term trends for the cryptocurrency industry.The FOMC is expected to firm up at least two elements of the Federal Reserve’s plans for the year, though both have been broadly telegraphed. There may be more details about the schedule for “tapering” the Fed’s bond-buying program, which more than doubled…