#FOMCMeeting
The FOMC meeting has just concluded and, well, it was somewhat what we expected: this time there is no interest rate hike, but certainly no cuts 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 not tightening either.
The markets didn't go crazy, but you could feel the tension. BTC and ETH moved a bit, but so far without any major breakout. Everyone is waiting for a signal that rate cuts are really on the table later this year. 👀
One strong CPI data point or employment report could shake things up. For now, be patient, don't panic with buying or selling, and perhaps use this time to position yourself wisely. Real moves could be just around the corner. 🚀