$BNB just smashed its ATH, hitting $880! 🚀 Driven by a massive $283M institutional buy from BNC that pulled supply off exchanges. Ecosystem is booming with record transactions and TVL. Next target: $905. The run to $1K looks imminent.
Hope for a September rate cut? Gone. 🔥 Fed Chair Hammock just shut it down.
The Quick Take:
⬆️ Inflation is still Enemy #1. It's too high and might be speeding up again. 📅Tariff Impact? Just starting. Full effect won't hit until 2026. 🤯 📉No Economic Warning Signs: No major downturn in sight = no reason to cut. 💼Labor Market is Key: Unemployment rate remains the Fed's go-to health gauge.
Bottom Line: The Fed is choosing its inflation fight over market hopes and political pressure. #PowelResign calls are trending, but for now, rates are staying HIGHER FOR LONGER. 🇺🇸