The Fed has kept the rate unchanged, but almost all forecasts have worsened.
1) Economic growth has been downgraded by 0.1-0.4%
2) Unemployment in 2025 has been downgraded to 4.4%, although the current fact is 4.1%
3) Inflation for 2025 has also been downgraded ...

At the same time, despite all this, the forecast for a rate cut by the Fed remains unchanged.

So all of this is certainly negative for both the stock market and the crypto market.

On the other hand, the Fed is not confirming a rise in inflation and is not confirming that the American economy is heading into recession... This, in general, is definitely a positive against the backdrop of the panic that has been spreading in recent weeks...

But overall, this is more likely to lead to market stagnation.