#FOMCMeeting The latest **#FOMCMeeting** has kept markets on edge as the Fed signals a cautious approach amid mixed economic data. With inflation still above the 2% target but showing signs of cooling, policymakers are weighing when to cut rates. Chair Powell emphasized data dependency, leaving the door open for potential easing later this year if trends continue. However, strong labor markets and resilient growth suggest no rush to act. Markets now price in **1-2 rate cuts in 2024**, likely starting in Q4. Key takeaways:

✅ **Rates held steady at 5.25%-5.50%**

✅ QT taper announced ($35B/month)

✅ Hawkish pause, but pivot hints ahead

Stay tuned for volatility as traders digest every word! **#Fed #Economy #Markets**"