🚨 What Your Statements Mean for Crypto
Jerome Powell has spoken, and his words resonate in the crypto market. The Fed kept rates steady (4.25%-4.5%) but now projects two cuts in 2025 (previously one), which could boost liquidity. However, the expected inflation rises to 3.0% (previously 2.6%) and GDP growth decreases to 1.4% (previously 2.1%), with uncertainty over tariffs.
In summary:
* Rates: Kept steady, but more cuts expected in 2025.
* Inflation: Upward projections.
* Growth: Lower expected growth.
* Tariffs: There is still uncertainty about their impact.
Volatility may continue. Stay informed, diversify your portfolio, and manage your risks.
