My people, get comfortable because I have some fresh gossip, straight out of the economy oven! 🎙️ Do you remember the Federal Reserve of the United States, who are like the bosses deciding how much money costs in the country? Well, they met in May and guess what? They didn't move a finger with interest rates! They stayed still, between 4.25% and 4.50%. Just as you hear it! 😴
What a bummer, right? One is waiting for them to drop a little so that money feels looser, but nothing. 🤷♀️ The thing is, according to the minutes they released this week, the folks at the Fed are still pondering how President Donald Trump's tariffs are affecting the economy, especially in the prices of things! It’s like they have a little stone in their shoe and can't walk properly. 👟
For those who are not aware, the Federal Reserve is the one calling the shots with loans in the US. If they raise rates, borrowing money gets more expensive, people and companies spend less, and that’s supposed to slow down inflation (which is when everything goes up in price like crazy)! 📉 But if they lower them, borrowing is cheaper, companies grow and hire more people! 🚀
Now, the curious part: despite the employment being somewhat slow, the Federal Reserve doesn’t budge an inch! They are 100% focused on controlling inflation! It’s like they are saying: "First inflation, then everything else". Wall Street analysts, those who know about money, were already expecting this move. They say it was almost impossible for them to lower rates in June and there is an 80% chance they will stay the same until July! So don’t get your hopes up for now! 🙅♀️💸
So now you know, stay tuned for the next moves of the Federal Reserve! Because whatever they do or don’t do, it affects us all in the wallet! What do you think will happen after July? Let me know your opinion! 👇$BTC $ETH $SOL
