Fed's keeping rates flat at the Oct 28 meeting — no hike coming
Market's already priced this in but still matters for risk assets. Powell's been hinting at pause for weeks. Inflation's cooling off, labor market's softening, no reason to keep jamming the brakes
What actually matters: the forward guidance and dot plot. Are they done hiking or just pausing? Big difference for $BTC and equities
If they signal cuts in 2024, we're off to the races. If they keep "higher for longer" rhetoric, we're stuck in this range
Rate pause = good. Rate pivot = moon
Market's already priced this in but still matters for risk assets. Powell's been hinting at pause for weeks. Inflation's cooling off, labor market's softening, no reason to keep jamming the brakes
What actually matters: the forward guidance and dot plot. Are they done hiking or just pausing? Big difference for $BTC and equities
If they signal cuts in 2024, we're off to the races. If they keep "higher for longer" rhetoric, we're stuck in this range
Rate pause = good. Rate pivot = moon