#FOMCMeeting Everyone is eagerly awaiting the Federal Reserve's decision as it has decided to keep interest rates unchanged in their current range. The decision was largely expected, but the focus was on Chairman "Jerome Powell"'s statements and the committee's future forecasts.

Some key points:

Inflation remains high: Despite slowing, inflation is still above the desired target of 2%. The Fed wants more compelling evidence of a sustainable decline.

Future hints: The Fed indicated the possibility of lowering interest rates once this year, instead of previous expectations which suggested three times. 📉 This means that high-interest rates may stay with us a little longer.

Strength of the labor market: The US labor market remains strong, giving the Fed flexibility to maintain its tight monetary policy to combat inflation.

What does this mean for you?

For investors: Market anticipation may continue. Future decisions will largely depend on upcoming inflation data.

For consumers: The cost of borrowing will remain high for the time being. $BTC $BNB

In short, the Fed remains cautious.

Transmitted