According to @AltcoinDaily, Fed Chair Jerome Powell is expected to cut the policy rate by 25 bps at today’s FOMC press conference (source: @AltcoinDaily). The Federal Reserve issues any rate change via the FOMC policy statement before the press conference, with the decision typically released at 2:00 pm ET and the press conference following shortly after, which defines the key headline-risk windows for markets (source: Federal Reserve).