đ¨ FOMC DECISION JUST IN
đşđ¸ The Federal Reserve has raised interest rates by 25 bps, taking the target range to 3.75%â4.00%.
Key takeaways:
⢠The decision was unanimous, with a 12â0 vote
⢠Inflation remains above the Fedâs comfort level
⢠The Fed expects its latest move to help bring inflation back toward the 2% target
⢠Economic growth remains solid, while consumer spending continues to hold up
⢠The labor market remains relatively stable, with unemployment showing little change
⢠Productivity and business investment remain strong
⢠The Fed reiterated its commitment to restoring price stability
â ď¸ Overall tone: Hawkish
Expect volatility across crypto and broader markets as traders digest the statement.
#FedRateWatch #fomc
đşđ¸ The Federal Reserve has raised interest rates by 25 bps, taking the target range to 3.75%â4.00%.
Key takeaways:
⢠The decision was unanimous, with a 12â0 vote
⢠Inflation remains above the Fedâs comfort level
⢠The Fed expects its latest move to help bring inflation back toward the 2% target
⢠Economic growth remains solid, while consumer spending continues to hold up
⢠The labor market remains relatively stable, with unemployment showing little change
⢠Productivity and business investment remain strong
⢠The Fed reiterated its commitment to restoring price stability
â ď¸ Overall tone: Hawkish
Expect volatility across crypto and broader markets as traders digest the statement.
#FedRateWatch #fomc
