The Federal Reserve Hits the Pause Button Again! In today's FOMC meeting, the Fed kept interest rates at 4.25%–4.50%, continuing to take a cautious approach in response to persistent inflationary pressures. The market was hoping for an early rate cut, but Powell clearly stated: it's too early. Unusually, two members publicly advocated for an immediate rate cut, revealing internal disagreements. Inflation remains above target levels, and political pressure is also rising. Traders are focusing on the September meeting, where the probability of a rate cut has soared to 70%. Whether in the crypto market or traditional financial markets, the Fed's next move could trigger significant volatility. Now is the time to closely monitor trends and prepare for changes.