#FOMCMeeting The FOMC meeting has just concluded and, well, it was somewhat what we expected: this time there are no rate increases, but certainly no decreases either. Powell maintained his usual cautious tone, stating that they are still closely monitoring inflation and the labor market. Essentially, the Fed is not yet ready to ease, but it is also not tightening.
The markets did not go crazy, but you could feel the tension. BTC and ETH moved a bit, but for now without major breakouts. Everyone is waiting for a signal that rate cuts are truly on the table later this year. š
A strong CPI data point or an employment report could shake things up. For now, be patient, donāt panic buy or sell, and perhaps use this time to position yourself wisely. Real moves could be just around the corner.
