Interest rates in U.S., U.K., Japan and Coinbase, Strategy earnings: Crypto Week Ahead
CoinDesk 2026-07-27 09:43:58
Context: This week, the cryptocurrency market is expected to be influenced by major macroeconomic events, particularly interest rate decisions by the Federal Reserve, Bank of England, and Bank of Japan, which are all anticipated to hold steady. The decisions will be closely watched for signs of future tightening due to higher energy prices. Additionally, key economic data releases, such as the U.S. second-quarter GDP and June Personal Consumption Expenditure, will provide further insights into the potential direction of interest rates and their impact on crypto prices.
Key Facts
- The Federal Reserve, Bank of England, and Bank of Japan are expected to maintain their current interest rates, with the Federal Reserve having a 33% chance of a rate increase according to CME's FedWatch and 19% according to prediction markets.
- The Bank of England is forecast to hold its interest rate at 3.75%, as expected by all 70 economists in a Reuters poll, while the Bank of Japan is expected to keep its rate at 1% before potentially raising it later this year.