@lakrell
Hi, guys ✌
↗️ Bitcoin Near $100,000
Yesterday, the Fed meeting took place—just as expected, they kept the rate on hold, and Powell spoke afterward. Here are the main points from his speech:
🟣Inflation has significantly decreased but is still above the target rate of 2%.
🟣Risks of higher unemployment and inflation have increased.
🟣The Fed may face contradictions regarding its dual mandate goals (inflation/labor market).
🟣We are in a favorable position to wait for more clarity before changing the Fed's monetary policy.
🟣I do not rule out the possibility that a rate cut may be delayed until 2026 if inflation rises again.
🟣There are scenarios where a rate cut by the Fed would be appropriate this year.
🟣It is currently impossible to forecast the number of rate cuts this year. We'll wait until June.
🟣I cannot specify the exact unemployment level at which we would start to cut rates…
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