🚨 THE FED JUST SENT ITS STRONGEST WARNING YET.

Rates stayed at 3.50% to 3.75%, but don't mistake this for a dovish pivot.

The real story is hidden beneath the headline.

The vote was 9-3, with three policymakers pushing for another 25 basis point hike.

Inflation is still running above the Fed's 2% target.

Energy supply shocks continue to fuel price pressures.

The economy is still expanding at a solid pace.

Productivity and capital investment remain resilient.

Most importantly, the Fed reaffirmed its commitment to "deliver price stability."

That signals inflation remains the priority, even if it means tighter policy ahead.

This wasn't a victory lap for markets.

It was a reminder that rate hikes have not been ruled out, and every inflation report from here could reshape expectations across stocks, bonds, crypto, and the US dollar.

The next move may not be a cut.

It could still be another hike.

#FOMC #FederalReserve #Inflation #stocks #Bitcoin