🚨Urgent Update🚨
The minutes from the Federal Open Market Committee (FOMC) meeting held on June 11-12 will be released today at 6:00 pm (UTC).
These minutes will shed light on whether the Federal Reserve's policymakers are leaning towards a dovish or hawkish stance in response to persistent inflation.
Despite inflation decreasing from a peak of 9.1% in June 2022 to 3.4% in May 2024, it has averaged 3.2% over the past six to eight months. The Fed has maintained its key interest rate at a 23-year high since July 2022 and has indicated no rate cuts until inflation hits 2%.
Expect significant market volatility in $BTC , $ETH and other Altcoins like $SOL as investors react to the insights provided by the FOMC minutes. This could impact crypto markets as well. Stay tuned for real-time updates, and make sure your notifications are on.
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