@nimbusonfly
FOMC day.
Rates were widely expected to stay on hold. The real market mover isn't the decision—it's the dot plot and Chair Kevin Warsh's tone.
Watch for:
• 2026 rate path revisions
• Inflation vs growth narrative
• Any hint that cuts are off the table
• Warsh's first press conference as Fed Chair
Today is about forward guidance, not the rate itself. Markets trade the future, not the hold. 📊