#PowellRemarks #CryptoStocks #MyTradingStyle
FED Decision
- Keep interest rates the same
- Keep QT the same
- Keep the expectation that there will be two interest rate cuts this year.
All of the above can be considered as what the market expects, nothing has changed much, so it will not affect the market much.
But in the SEP, we see that GDP is expected to decrease, Unemployment Rate increases, and Inflation may also increase at the end of the year due to Tariffs.
Early next month, Trump's 90-day extension deadline will be reached. In this, there will be both Cambodia and us, and the final result will be how much tax they decide to impose.
So, by now, the FED news is over. The next important news is
- General economic data,
- Trade deal that the US will have to reach with major countries before the deadline
- The issue of the Israel - Iran war may develop further, with the US getting involved or not? It can also affect the price of crude oil greatly if there is a bigger war.
