Gracy Chen: FOMC meeting seen as key macro event this week

Gracy Chen: FOMC meeting seen as key macro event this week
FOMC meeting key macro event this week

Gracy Chen, chief executive officer at Bitget, highlights that the upcoming FOMC meeting could be one of the most critical macroeconomic events to monitor this week.

She points out that Kevin Warsh is taking part in his first meeting as Fed Chair under challenging conditions: persistent inflation, White House support for easier liquidity, and a more divided Federal Reserve. Markets are already pricing in expectations.

Chen recently discussed market sentiment around real-world asset strategies during a #CryptoTownHall with crypto industry leaders. She also commented on the anticipated public debut of SpaceX, projecting a $2.2 trillion market price at the IPO and noting retail investors' previous $1.5 trillion entry valuation in a separate market analysis. Her observations add context to her current focus on macroeconomic policy and market pricing.

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