THE FED JUST HIKE-POSTED. 💀

The Fed raised interest rates by 25 bps to 3.75%–4.00%, exactly as expected ahead of the meeting. This is the first rate increase since 2023, as inflation remains above the 2% target.

Notable points:
📈 Fed Funds: 3.75%–4.00%
🔥 Inflation still above target
🛢️ Higher oil prices continue to put pressure on inflation
🇺🇸 The decision was made under Fed Chair Kevin Warsh
👀 Markets will now focus on the dot plot + Warsh’s remarks to see whether this hike is a one-off or the start of a new tightening cycle.

THE FED SAID “2% INFLATION OR NOTHING.” 💀

I won’t just call this a simple “Fed hike due to inflation.” The new forward guidance is what crypto needs to scrutinize next.

What BTC does after the new Warsh press conference is the part worth watching.
#fomc #Fed #Macro