On June 19, $BTC 6, the Federal Reserve held its interest rate meeting, maintaining the rate at 4.25%-4.50% unchanged for the fourth consecutive meeting. The dot plot indicates that the Federal Reserve still expects to cut rates twice in 2025. The prices of U.S. interest rate futures predict a 71% probability of a rate cut by the Federal Reserve in September, up from 60% previously.
Powell stated: "No one has high confidence in the predictions of the interest rate path; rate cuts could come quickly, or they might not come quickly; it depends on the impact of tariff levels."
Trump continues to urge rate cuts, stating: "Mr. Powell is too late; he is a disgrace to America! Powell has cost the U.S. hundreds of billions of dollars; he is indeed one of the most foolish people."
(The market is highly volatile, it is advised to stay away!!!)