Been watching the markets and waiting on the Fed all this time, and the decision is finally out.
Rates are unchanged at 3.75%–4.00%. The vote was 10–2, with Cook and Hammack dissenting in favor of another 25-basis-point hike. The statement says inflation remains elevated and economic activity is “strong.”
After the news broke, BTC nudged up toward $81,000. The market hadn’t really priced in a rate hike today anyway. What really matters is Warsh’s press conference later, and whether they’ll make a move in December.
As an old crypto bagholder, I’ll put it this way: today was a “pause,” not an “ending” 😂
Let’s hear what comes out of the press conference and keep an eye on things.
#美联储 #FOMC #BTC
Rates are unchanged at 3.75%–4.00%. The vote was 10–2, with Cook and Hammack dissenting in favor of another 25-basis-point hike. The statement says inflation remains elevated and economic activity is “strong.”
After the news broke, BTC nudged up toward $81,000. The market hadn’t really priced in a rate hike today anyway. What really matters is Warsh’s press conference later, and whether they’ll make a move in December.
As an old crypto bagholder, I’ll put it this way: today was a “pause,” not an “ending” 😂
Let’s hear what comes out of the press conference and keep an eye on things.
#美联储 #FOMC #BTC
