📌 FED HOLDS INTEREST RATES STEADY — NO SIGN OF EASING
Early this morning, the Fed held interest rates at 3.75%–4.00%, with a 10–2 vote.
Key points from the Fed and Chair Kevin Warsh:
• The U.S. economy continues to grow strongly, and the labor market remains stable.
• Inflation remains elevated, and the Fed needs more data before deciding on its next move.
• Geopolitical risks continue to create uncertainty around the economic outlook.
• The Fed made no commitment regarding its December interest rate decision.
→ The Fed has paused rate hikes but has no intention of easing yet. The *Higher for Longer* policy remains in place, putting pressure on BTC and other risk assets.
Early this morning, the Fed held interest rates at 3.75%–4.00%, with a 10–2 vote.
Key points from the Fed and Chair Kevin Warsh:
• The U.S. economy continues to grow strongly, and the labor market remains stable.
• Inflation remains elevated, and the Fed needs more data before deciding on its next move.
• Geopolitical risks continue to create uncertainty around the economic outlook.
• The Fed made no commitment regarding its December interest rate decision.
→ The Fed has paused rate hikes but has no intention of easing yet. The *Higher for Longer* policy remains in place, putting pressure on BTC and other risk assets.