Fed holds rates as further tightening remains possible

🏦 The Fed kept rates at 3.75%–4% in a 10–2 vote. Lisa Cook and Beth Hammack preferred a 25-basis-point hike, highlighting pressure for further tightening within the committee.

📊 Growth was upgraded from “solid” to “strong,” while inflation remains elevated. A resilient economy gives the Fed more room to maintain restrictive policy.

🔎 The Fed stressed the need for more data to determine the appropriate policy stance. Holding rates alone does not establish a shift toward easier policy.

⚖️ The two votes for a hike are noteworthy, but do not represent the majority’s position. December’s decision remains dependent on economic and inflation data.

📌 The focus now is whether price pressures ease enough for the Fed to keep waiting. Persistent inflation would keep the risk of another hike in play.

#FedOutlook $BTC