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choppy market right now
As market is waiting for the FOMC decision
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SUMMARY OF FED CHAIR POWELL'S SPEECH (9/17/25): 1. Unemployment rate has risen along with downside risks to employment 2. Inflation has risen and remains "somewhat elevated" 3. Growth in economic activity has "moderated" 4. Job creation rate is "below the breakeven rate" to avoid rising unemployment 5. Near-term inflation expectations have moved up on tariffs 6. Effects of tariffs on economy "remain to be seen" The Fed was clearly forced to cut rates due to a weak labor market. All these talks by Powell showing that he’s not in a hurry to cut rates by 0.5%. Instead, he wants to move slowly and carefully, one step at a time.
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🚨ALERT: Bitcoin Inventor, Satoshi Nakamoto's wallet is estimated at over $124 Billion, which is $7B greater than Bill Gates' net worth. The wallet has remained inactive since 2010 & contains 5% of all Bitcoin.
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News for this week Wednesday is important 🙂
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#BinanceHODLerAVNT 🤯
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