đš FED DAY WRAP-UP! đš
Jerome Powell has spoken â and the markets are listening đ§
đ FOMC Highlights:
đ Fed holds rates steady at 4.50%
đ No immediate cuts, data-dependent stance
đ New dot plot signals just 1 rate cut in 2024 (vs 3 expected before)
đŹ Powell: âWe need more evidence inflation is moving sustainably toward 2%â
đ Markets dipped during the speech â no pivot yet
đ Crypto traders now watching macro data closely â Volatility isnât over
đ€ Will this delay the bull run or fuel a breakout later?