#FOMCMeeting The Fed held steady.

No cuts, no surprises—unless you count Powell’s expression when asked about inflation control.

Wall Street’s interpretation:

"No rate cut? Perfect excuse to rally irrationally."

Powell’s poker face:

"As clear as our forward guidance… which isn’t saying much."

Meanwhile, in the real world:

Equities: Dancing like rate hikes never happened

Crypto: Acting like it's 2021 all over again

Bonds: Having an identity crisis

Gold: Meditating through the madness

Recession rumors: Still ghosting everyone, might show up fashionably late

Powell’s message?

“We remain data dependent.”

Translation: “We’re just reacting in real time with academic vocabulary.”

FOMC meetings now feel less like policy updates and more like financial reality shows.