#CryptoStocks

Following the FOMC meeting, Fed Chair Jerome Powell delivered cautious tones which didn't help the market to pump that much. He acknowledged some progress in bringing inflation down but stressed that it's not yet sufficient to begin cutting interest rates. The Federal Reserve remains committed to its 2% inflation target and will wait for stronger evidence before making any policy shifts.

This stance disappointed some investors who were hoping for a more bullish signal. As a result, both crypto and stock markets showed minor reactions, with no major moves in either direction. Bitcoin and Ethereum remained range-bound, while tech stocks saw slight dips.

Powell reiterated that the Fed’s future actions will depend on incoming economic data, especially inflation and labor market reports.

For now, the takeaway is clear: rate cuts are not off the table, but they’re not coming just yet. Patience is key.