[A macro point] Briefly summarize this month’s FOMC in two sentences:
- There will be no interest rate cuts for the time being, and there will be no interest rate increases at the same time.
- Retain the possibility of taking further measures against QT depending on changes in inflation
- The first interest rate cut is still highly likely to occur this year

Although Powell's expectations for interest rate cuts during the meeting were not as strong as before, I believe that everyone can already foresee this result from the monthly inflation data. Combined with the nearly 10% rebound of Bitcoin today, it is speculated that this bad news may have been brought forward by the market. Digestion.
#FOMC  #BTC  #macroeconomic