Fed Stays Put. $TRUMP Not Happy. Markets Watching September š
Alright fam, hereās the TL;DR from the June FOMC fireworks:
š„ Rates Unchanged ā The Fed held interest rates steady at 4.25ā4.50%, marking its third straight pause. No surprises, but the pressure is definitely building.$BTC
š£ļø$TRUMP
Trump Wants Cuts ā Former President Trump isnāt thrilled. Heās been pushing for rate cuts, warning the Fed to act before inflation slows too much. His latest jab? He might āforce somethingā if nothing changes soon. š
š Dot Plot Twist ā The infamous Fed dot plot now shows just one cut expected in 2025, down from two earlier this year. Translation: less easing, more wait-and-see.
š Why the Delay? ā Powellās crew is playing cautious. They cited:
Mixed labor market signals š
Ongoing trade tariff tensions š
Geopolitical uncertainties š
š Eyes on September ā Markets now see September as the likeliest pivot point ā but itāll depend on upcoming inflation, jobs, and macro data. No guarantees. Powell was crystal clear: data, not politics, will drive the call.
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š What This Means for Crypto:
The longer rates stay high, the more pressure on risk assets ā yes, including BTC and ETH. But if September brings that first cut? We could see a breakout across the crypto board š.
Stay sharp. This is macro season ā and itās far from over.