The April FOMC meeting is officially over, and here are the key takeaways every crypto trader needs to know:
🛑 Rates Held Steady: As expected, the Fed kept interest rates at 3.5% - 3.75%. High energy prices and global uncertainty have forced them to remain cautious.
📉 Inflation Risks: Chair Powell warned that the oil-driven inflation shock hasn't peaked yet. This means we might not see a rate cut until late 2026 (September or December).
🏛️ Powell Stays: In a surprise move, Jerome Powell will remain on the Board of Governors even after his term as Chair ends on May 15. This is aimed at protecting the Fed's independence during the transition to Kevin Warsh.
Market Reaction: $BTC is holding its breath around $77k. The lack of an immediate rate cut is a bit hawkish, but the "Wait and See" approach prevents a major crash for now.
What’s your move? HODL or wait for a deeper dip? 👇