🚨 The Fed held rates steady, but the fight against inflation isn't over
The FOMC voted 9–3 to keep rates at 3.50%–3.75%.
Fed Chair Kevin Warsh said:
• Inflation remains above the 2% target
• One soft CPI report won't change policy
• Future decisions will be driven by incoming economic data
He also noted the U.S. economy and labor market remain resilient, leaving the door open for further tightening if needed
👻 Ghost's Take
A rate hold doesn't mean rate cuts are coming. Inflation and jobs data will remain the key market catalysts
#Bitcoin #Fed #FOMC $BTC
The FOMC voted 9–3 to keep rates at 3.50%–3.75%.
Fed Chair Kevin Warsh said:
• Inflation remains above the 2% target
• One soft CPI report won't change policy
• Future decisions will be driven by incoming economic data
He also noted the U.S. economy and labor market remain resilient, leaving the door open for further tightening if needed
👻 Ghost's Take
A rate hold doesn't mean rate cuts are coming. Inflation and jobs data will remain the key market catalysts
#Bitcoin #Fed #FOMC $BTC