#FOMCMeeting 🎉🎉🎉 – The Fed is back in action! What did the uncles from the Federal Reserve decide?
Hello, crypto family! 👋 Today the Fed announced its decision on rates, and here are the main points:
🔹The rate remains at 5.25%-5.50% – as expected, Powell is not rushing to pull the levers.
🔹Inflation is still above the target (3.3% vs 2%), but the Fed believes in a "soft landing" for the economy.
🔹Crypto reacted with a slight tremor – BTC seemed to say: "Okay, we’ll wait some more.
What does this mean for us?
📉 While rates are high, the appetite for risk may be a bit weak, but crypto has long been living by its own rules!
💸 If the Fed starts to lower rates later this year – we can expect hype in the market.
So let's relax, accumulate on dips, and prepare for the next round! 🎢
#Binance #Crypto #BTC #FedDecision #ToTheMoon (but first, coffee) ☕
P.S. Powell, come on, turn on the printer! 🖨️
Data is current as of 12.06.2024 – next FOMC in July!
🔍 When do you think the Fed will start cutting rates? Write in the comments! 👇