The September FOMC decision is already behind us. The bigger question now is what the Fed does next.
The Fed raised rates by 25 basis points to 3.75% to 4.00%, while its September projections put the median year-end federal funds rate at 4.1%. Sixteen of the 18 officials submitting rate projections see at least one more hike in 2026.
That leaves the next inflation and labor market data especially important.
For $BTC and $XAUUSD, I’m watching how markets interpret the gap between the Fed’s projected path and incoming economic data. If inflation stays sticky, the “higher for longer” discussion could remain relevant.
The rate decision was the headline.
The data that follows may be the real market driver.
#Macro Insights# #Altcoin Season#
The Fed raised rates by 25 basis points to 3.75% to 4.00%, while its September projections put the median year-end federal funds rate at 4.1%. Sixteen of the 18 officials submitting rate projections see at least one more hike in 2026.
That leaves the next inflation and labor market data especially important.
For $BTC and $XAUUSD, I’m watching how markets interpret the gap between the Fed’s projected path and incoming economic data. If inflation stays sticky, the “higher for longer” discussion could remain relevant.
The rate decision was the headline.
The data that follows may be the real market driver.
#Macro Insights# #Altcoin Season#
