#FOMCMeeting
Markets on Edge! ๐ฅ๐
๐๏ธ The Federal Reserve just wrapped up its latest FOMC meeting, and hereโs what you need to know:
๐ฐ Interest Rates:
โก๏ธ Fed holds rates steady at 5.25%โ5.50%
๐ No immediate cuts โ but 1 cut projected by year-end ๐
๐ Inflation Outlook:
๐ Inflation remains "sticky", with concerns about core PCE
๐ Rate cuts now hinge on clear disinflation trend
๐ผ Market Reaction:
๐ต Dollar strength ๐ช
๐ Gold dips slightly
๐ BTC and risk assets saw a small bounce post-announcement!
๐ฎ Whatโs Next?
๐ฆ The Fed is walking a tightrope between growth and inflation
๐ All eyes now on July CPI & Jackson Hole
๐ฃ๏ธ Powell: โWeโre prepared to hike if needed, but patience is key.โ
๐ฌ Whatโs your take?
โ โ๐ Hawkish Fed!โ
โ โ๐ Cut coming soon!โ