#FOMCMeeting ๐จ FED UPDATE โ No Rate Cut Yet! ๐จ
The Federal Reserve just wrapped its policy meeting โ and as expected, interest rates remain unchanged. ๐ฆ
๐ Inflation has cooled but is still above 2%, keeping the Fed in cautious mode.
๐ฃ๏ธ Chair Powell:
> โWe need greater confidence that inflation is sustainably headed lower.โ
๐ Markets are now laser-focused on September โ could that be the month for a long-awaited rate cut? ๐ง
๐ฅ What this means: โ Borrowing costs stay high (for now)
โ Markets may stay choppy
โ Crypto & stocks watching every data point ๐๐
๐ฏ Eyes on inflation. Eyes on the Fed.
๐ Next move = Big impact on market .