🔥 Summary of the main viewpoints of the Fed Chair in the FOMC meeting last night
💬 The US economy remains strong, with no signs of a financial crisis
💬 The Fed does not have enough basis but still maintains the scenario of interest rate cuts this year, though it may be delayed
💬 Tariffs may push up the prices of goods, but at the same time weaken consumer demand
💬 The Fed will not launch any QE package as the current situation is not an emergency like during Covid-19
Immediately after the meeting, $BTC dropped slightly by ~$1K due to no unexpected decisions from the Fed #BTC #eth