$USDC $USDC The market was expecting something, anything. A hint, a nod, a loose phrase that would allow projecting what the U.S. Federal Reserve (Fed) will do with interest rates for the rest of the year.

But Jerome Powell, the Fed chair, spoke and said nothing. Or rather, he said a lot without saying anything. His speech was timid, lacking conviction, predictable, and more akin to an artificial intelligence chatbot than the head of the most influential central bank in the world.

There was no rate cut, as anticipated. Nor were there signals that they are approaching. But also none that they are not approaching. "Wait and see" remains the Fed's monetary policy. Powell hinted again that decisions will be made meeting by meeting, and that everything depends on the evolution of inflation and employment. Clichés, neutral, worn out. At this point, listening to Powell is like listening to the same audiobook on repeat#