đDeFi & Web 3 enthusiasts, rejoice!đ„ł The U.S. Federal Reserve held its benchmark fed funds rate steady, but trimmed its rate outlook for 2024. What does this mean for us? More room to grow!đȘ
đThe Fed expects a lower core inflation rate for 2023 & 2024, and real GDP growth for 2024 has been trimmed. But hey, we're optimists here!đ
đBitcoin's price added just under 1% to previous gains, now at $42,370. Traditional markets? Rates tumbling & stocks moving to session highs.đ€
đïžStay tuned for Fed Chair Jerome Powell's press conference for more clues on monetary policy.đ
đŁïžThoughts? Share in the comments! Let's discuss!đ #DeFi #Web3 #FedRate #Bitcoin