๐จ FOMC MEETING BEGINS TODAY โ PRESSURE MOUNTS! ๐ฆ๐
The Fed kicks off its two-day policy meeting today (June 17), with the spotlight on inflation, rate cutsโฆ and political drama.
๐ฃ TRUMP TURNS UP THE HEAT ON POWELL
Donald Trump is publicly pressuring Fed Chair Jerome Powell to slash rates โ calling him a โnumbskullโ and pushing for aggressive cuts ahead of the election. ๐
๐ But Powell is expected to stand firm and keep rates at 4.25โ4.50%, citing sticky inflation and global uncertainty (tariffs, oil, geopolitical risks).
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๐ Why It Matters for Crypto Traders:
๐ช Rate hold = tighter liquidity = short-term pressure on BTC/ETH
๐ Political pressure = market volatility = trade opportunities
๐ฌ Powellโs press conference on Wednesday could move markets FAST
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๐ฏ MARKET WATCHLIST
โ Dot Plot Update: Fewer 2025 cuts = hawkish Fed
โ Powell's Tone: Dovish shift = ๐ for risk assets
โ Trump Factor: Adds fuel to macro speculation fire ๐ฅ
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๐ฏ Stay sharp, fam. FOMC + Trump = high volatility zone!
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