Fed Just Dropped the Mic - Here's What Really Matters
The Fed did exactly what everyone expected - nothing. Rates are stuck in park for the 3rd meeting straight. But here's the tea:
"Slightly elevated" inflation
Uncertainty "increased" = They're winging it at this point
Stagflation warning = The worst of both worlds (slow growth + high prices) might be coming
Jobs vs inflation dilemma = They're stuck between crashing the economy or letting prices run wild
The real story? The Fed's playing economic Jenga - one wrong move and everything collapses. They won't say it, but:
Rate cuts aren't coming soon
Your wallet will keep hurting
The "soft landing" fantasy is getting shakier