🔥 Fed press conference UPDATE:

Wall Street Journal: If we get 2 or 3 more inflation data like today, is an interest rate cut in September feasible?

FED: When looking at the "dot plot" it is just our estimate based on current information. There are all possibilities and the biggest factor is future economic data.

To reduce interest rates, one of two situations must occur:

1- We are confident that inflation will decrease as expected 2- Unemployment situation gets worse

4o#btc