The market catches its breath!
Bitcoin, Ethereum, and altcoins are surging strongly. 🚀📈
The U.S. central bank decided to keep interest rates between 3.75% and 4%.
The decision was not unanimous, as Cook and Hammack called for a 25-basis-point hike.
Warsh confirmed that inflation remains high and that the September rate hike is starting to pay off.
He also pointed to tighter credit conditions for some households and businesses.
But he clearly refrained from describing overall financial conditions as “tight.”
The Fed wants more data before deciding on its next move.
For now, it is not committing to another hike at the December meeting.
Starting next year, the Fed will reduce the number of meetings it holds annually.
It will hold seven meetings in 2027 and just six in 2028.
Overall, this was a cautious pause that leaves the door open to a hike.
Warsh didn’t seem in a hurry, and the market is watching the upcoming data.
Do you think this rally is sustainable? Share your predictions in the comments now. 👇
#Bitcoin #ETH #Crypto
Bitcoin, Ethereum, and altcoins are surging strongly. 🚀📈
The U.S. central bank decided to keep interest rates between 3.75% and 4%.
The decision was not unanimous, as Cook and Hammack called for a 25-basis-point hike.
Warsh confirmed that inflation remains high and that the September rate hike is starting to pay off.
He also pointed to tighter credit conditions for some households and businesses.
But he clearly refrained from describing overall financial conditions as “tight.”
The Fed wants more data before deciding on its next move.
For now, it is not committing to another hike at the December meeting.
Starting next year, the Fed will reduce the number of meetings it holds annually.
It will hold seven meetings in 2027 and just six in 2028.
Overall, this was a cautious pause that leaves the door open to a hike.
Warsh didn’t seem in a hurry, and the market is watching the upcoming data.
Do you think this rally is sustainable? Share your predictions in the comments now. 👇
#Bitcoin #ETH #Crypto
