#FOMCMeeting has just concluded and, well, it was somewhat what we expected: there is no rate hike this time, but certainly no rate cut either. Powell maintained his usual cautious tone, stating that they are still closely monitoring inflation and the labor market. Basically, the Fed is not yet ready to ease, but it's not tightening either.
The markets didn't go crazy, but you could feel the tension. BTC and ETH moved a bit, but so far there's been no major breakout. Everyone is waiting for a signal that rate cuts are really on the table later this year. 👀
One strong CPI data or employment report could shake things up. For now, be patient, don't panic with buying or selling, and maybe use this time to position wisely. Real moves could be just around the corner.