📢 FOMC DAY: No Rate Cuts (Yet) — But Hints Are Dropping 👀
The Fed wraps up its July meeting today, and no surprise — rates are staying put at 4.25–4.50%. That's four meetings in a row with no moves.
But here's the alpha:
🧠 Powell might start laying the groundwork for a cut in September — IF inflation keeps chilling and jobs data doesn’t heat up again.
🔥 What’s buzzing:
Market's pricing in ~2 rate cuts by year-end
Some Fed members are pushing for action sooner (👋 Waller & Bowman may dissent today)
Powell speaks at 2:30pm ET — eyes on every word for those sweet macro clues
Why it matters for crypto?
🪙 Lower rates = cheaper money = more risk-on
That could be a tailwind for BTC, ETH & the broader market if the dovish vibes continue into Q4.
📊 Watch the press conference. Trade the reaction. Stay sharp.