🏦 Fed and the Frozen Dumpling Effect
The market is heating up, but the rate is not
🧊 Jerome Powell has spoken again — and again, nothing has changed. The rate is still on ice, inflation remains above target, and the market is already half-celebrating victory.
🔥 S&P and Nasdaq are rising, crypto is coming back to life. But the Fed seems to have its finger on pause:
— ➕ strong labor market
— ➕ consumers are holding steady
— ➖ inflation is not backing down
⚖️ Why is Powell holding back? Because he fears 2022 2.0 — if you let go too soon, everything will heat up again. But to squeeze too tight is scary.
📉 For crypto, this is a time of waiting. Fed's pause = chance for altcoins. But until there is a clear signal — all the heat may remain just in the bulls' thoughts.
🗣 Watch for CPI and Fed statements — the turnaround will begin not with the charts, but with the words.