“All Eyes Will Now Turn to Fed Chair Jerome Powell’s Post-Meeting Press Conference for Further Clues About the Central Bank’s Thinking on Monetary Policy.”, – WRITE: www.coindesk.com
“UNCERTAINTY About the Economic Outlook Has Increated Further,” Said the Fed In Its Accompanying Statement. “The Committee Is Attitative to the Risks to Both Sides of It Dual Mandate and Judges that the Risks of Higher Unemployment and Higher Inflation Have.”
Bitcoin (BTC), Whoch Slipped Back Below $ 97,000 Dringing The Day Paring Gains from A Late Tuesday Rally on US-CHINA Trade Talks, Was Trading At $ 96.600 Shortly After the Fed.
The Decision ComESS As Policymakers Are Navigating A Treacherous Macroeconomic Landscape Amid the Trump Administration’s Global Tariff Rollut. Inflation Remoned Sticky Above the 2% Target and Questions Abound of How Tariffs Will Translate Into Consumer Prices, While the Economy Showed Sigins of Decelerating.
Market Participants Anticipate Three Cuts This Year Targeting July as The Mist Likely First Meeting to Lower Rates. However, Fed Members Have Been Vocal About Waiting for More Clarity On the Impact of Tariffs Before Canging Course.
All Eyes Are Now Powell’s UpcomING REMARKS AT 2:30 PM ET (18:30 UTC), WHICH COURCE OFFER OFFER CRUCAL CLUES ON THE FED’S THINKING FOR THE UPCOMING MONHS.
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