🚧FED Statements🚧 Not too encouraging for the markets.
🟠High Rate Maintenance: The U.S. central bank decided to keep interest rates unchanged. Future Rate Hike Projections: The institution is projecting a rate increase before the year ends, likely set by the market for September.
🟠End of "Accommodative Bias": They are considering eliminating the formal signal pointing to future rate cuts. The new implicit message indicates that interest rates will stay high for longer.
🟠Removal of the "Dot Plot": The chairman has opted to ditch the traditional dot plot. This chart used to help officials visually project the future evolution of interest rates.
🟠New Communication Policy: They plan for a Fed that communicates less with the markets. This includes cutting down on the number of public statements, periodic projections, and press conferences.
$BTC $SPCXB $NVDAB
🟠High Rate Maintenance: The U.S. central bank decided to keep interest rates unchanged. Future Rate Hike Projections: The institution is projecting a rate increase before the year ends, likely set by the market for September.
🟠End of "Accommodative Bias": They are considering eliminating the formal signal pointing to future rate cuts. The new implicit message indicates that interest rates will stay high for longer.
🟠Removal of the "Dot Plot": The chairman has opted to ditch the traditional dot plot. This chart used to help officials visually project the future evolution of interest rates.
🟠New Communication Policy: They plan for a Fed that communicates less with the markets. This includes cutting down on the number of public statements, periodic projections, and press conferences.
$BTC $SPCXB $NVDAB