📊 FED maintains interest rates — 06/18
In today's meeting, the Federal Reserve opted to keep the benchmark interest rate unchanged, reinforcing its commitment to price stability in the face of still resilient inflation. Jerome Powell's speech followed a cautious tone, signaling that new cuts will only occur with consistent data of economic slowdown and controlled inflation.
🧠 For the crypto market:
• High interest rates for a longer time tend to reduce liquidity in risk markets, including crypto assets.
• The Fed's stance inhibits more aggressive upward movements in the short term.
• However, the maintenance of the restrictive policy reinforces the narrative of Bitcoin and other digital assets as an alternative to traditional monetary policy.
🔁 Summary:
Consolidation scenario for the crypto market. Attention turns to the upcoming inflation and employment data — which could accelerate or delay the start of the cut cycle.
