📢 Quick FOMC Update: Rates Hold Steady 🏦
The Fed left interest rates unchanged at 5.25%-5.50%, maintaining a cautious stance as inflation cools but remains above target.
🔹 Key Points
- No rate cuts yet—Fed wants "greater confidence" inflation is slowing.
- Powell: Policy is restrictive, but timing of cuts depends on data.
- Markets still expect 1-2 cuts in 2024, likely starting in Sept/Dec.
What’s Next?More waiting & watching economic reports. 📉📈
#FOMCForecast #Economy #MarketSentimentToday #Binance #BinanceSquareFamily
