The Federal Reserve decided not to adjust interest rates in this meeting,
keeping it in the range of 4.25%-4.5%,
which is exactly what the market had anticipated.
What does this mean?
• In the short term, high-risk investments like the stock market and cryptocurrency are still unlikely to perform well.
• Everyone is now paying attention to what Powell will say later, especially regarding the possibility of future rate cuts.
• If the Federal Reserve shows no intention of cutting rates, Bitcoin and stocks are likely to drop again.
