#Fed4thConsecutiveRateHold
The Federal Reserve of the United States 🇺🇸 (Fed) held interest rates steady (3.50%–3.75%), but the market tanked 📉. Why? Kevin Warsh changed the game, announcing the removal ❌ of forward guidance, and the dot plot shows no rate hikes expected until at least next quarter.
Bitcoin's price dropped 📉 from $66,400 to $64,000 💲 💲 💲 in a matter of hours, with long positions 📈 worth over $400 million being liquidated 💲. Finally, the S&P 500 had its worst day at the Fed since a new president took office in 1994. $TRUMP
The Federal Reserve of the United States 🇺🇸 (Fed) held interest rates steady (3.50%–3.75%), but the market tanked 📉. Why? Kevin Warsh changed the game, announcing the removal ❌ of forward guidance, and the dot plot shows no rate hikes expected until at least next quarter.
Bitcoin's price dropped 📉 from $66,400 to $64,000 💲 💲 💲 in a matter of hours, with long positions 📈 worth over $400 million being liquidated 💲. Finally, the S&P 500 had its worst day at the Fed since a new president took office in 1994. $TRUMP