#FOMCMeeting

#FOMCMeeting

📉 The U.S. Federal Reserve (FOMC) meeting was the center of attention for the markets, as interest rates were left unchanged at 5.25%-5.50%.

🗣️ Powell confirmed that a rate cut is not yet due, as inflation rates remain above the target.

📊 Expectations indicate only one rate cut in 2025 instead of three, which disappointed the market.

💵 The markets reacted negatively, with a rise in the dollar and a temporary decline in gold and cryptocurrencies.

📌 Traders are awaiting upcoming inflation data to confirm the future path of interest rates.

#CryptoMarkets #FederalReserve #Inflation #InterestRates #Economy