πΊπΈ PRO
#BITCOIN FED CHAIR KEVIN WARSH KEEPS INTEREST RATES UNCHANGED π
Interest rates will remain at 3.50% - 3.75%.
That means the Fed is likely still watching inflation, growth, jobs, and market conditions before making its next move.
During today's FOMC meeting, Federal Reserve Chair announced he aims to appoint a task force to five areas considered to be central to the conduct of monetary policy:
1. Fed communications
2. Fed's balance sheet
3. Use and reliance on existing data sources
4. Productivity and jobs in an era of transformation
5. Fed's inflation frameworks
On the macro side, the message remains the same: The old system is still trying to manage debt, inflation, and slowing growth with interest-rate policy.
"Our number one goal is to get monetary policy right."
If the market starts pricing in a Fed pivot, scarce assets could move fast.
AT THIS RATE, BITCOIN CONTINUES TO SET THE STANDARD. π π«‘