Powell's statement shakes the marketsโ€ฆ ๐Ÿ“‰

The US Federal Reserve kept interest rates between 4.25% โ€“ 4.50%, but the interesting part is the division within the central bank for the first time in 30 years!

Two members of the board called for an immediate rate cut, indicating an internal disagreement about the future of monetary policy.

๐Ÿ‘ค Jerome Powell clarified that:

โ€œThe economy is still resilient, and upcoming data will determine our decisions.โ€

โ€œNo decision has been made regarding a rate cut in September.โ€

๐Ÿ” Immediate results:

โ€ข Dollar index rises +0.55%

โ€ข Drop in US stock markets

โ€ข Gold and cryptocurrencies decline under the pressure of a strong dollar

๐Ÿ“Š The market is now in a state of anticipation, and any upcoming economic data will determine the market direction and new opportunities.๐Ÿ”

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