#bitcoin pump seems to be delayed.

#fomc: The Fed kept interest rates unchanged at its June 18 meeting, the 4th consecutive pause.

It anticipates two 25-basis-point rate cuts by year-end 2025. Benchmark @ 3.9% (3.75%-4% range).

Inflation is expected to reach 3% in 2025, up from 2.8%, while GDP growth is forecasted to slow to 1.4%.

Powell highlighted uncertainty from tariff tensions & the Middle East conflict, potentially affecting prices & economic activity.

Lower targets incoming...