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🧙‍♂️ The US Federal Reserve (FED) left the interest rate constant at 5.50%. 🧙‍♂️ FED officials think that there has been progress on the 2% inflation target in recent months. 🧙‍♂️ FED President Jerome Powell: "Inflation has fallen significantly but remains at a very high level." 🧙‍♂️ FED President Jerome Powell: We maintain our restrictive policy stance. 🧙‍♂️ FED President Jerome Powell: Inflation data did not provide enough confidence to cut interest rates this year.

🧙‍♂️ The US Federal Reserve (FED) left the interest rate constant at 5.50%.

🧙‍♂️ FED officials think that there has been progress on the 2% inflation target in recent months.

🧙‍♂️ FED President Jerome Powell:

"Inflation has fallen significantly but remains at a very high level."

🧙‍♂️ FED President Jerome Powell:

We maintain our restrictive policy stance.

🧙‍♂️ FED President Jerome Powell:

Inflation data did not provide enough confidence to cut interest rates this year.

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін. Шарттар мен талаптарды қараңыз.
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Information on Vanguard: Genesis activation: 🧙‍♂️ Xai ($XAI) – An Arbitrum-powered Ethereum layer-3 scaling network focused on video games–was developed to enable real economies and open trade in the next generation of games. With Xai, billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. 🧙‍♂️ On Monday June 10th, 2024, Xai launched the Vanguard: Genesis activation on GALXE Quest, featuring months of game launches and quests across the #Xai gaming ecosystem. Announced games include Crypto Unicorns, Final Form, and The Lost Glitches, as well as several unannounced games Xai has yet to reveal.  🧙‍♂️ The event follows the previous Xai Odyssey campaign last year, which drew more than 500,000 connected wallets, generated 5 million daily peak transactions and $175M worth of distributed rewards to players across the top spots on the leaderboard.  🧙‍♂️ Xai is also incentivizing developers to deploy games and dApps to the platform through “Builder Quests” utilizing the recently unveiled Xai Builder developer console. In addition to games already scheduled to launch on Xai, many new deployments are expected taking advantage of these Builder quests.  🧙‍♂️ By the end of Xai Vanguard: Genesis, the #Xai gaming ecosystem is expected to have grown significantly with hundreds of thousands of new users, dozens of new deployments, and an even more vibrant community who have achieved rewards and status as Xai Vanguard.  #XaiVanguardGenesis
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BREAKING NEWS: FED Announced its Critical Interest Rate Decision! Good or Bad for Bitcoin? As of today, inflation data from the #USA has been followed in traditional financial markets and the cryptocurrency sector. The announcement of inflation below expectations (3.3%) enabled crypto assets to exhibit upward movements. Recently, the US Federal Reserve (FED) announced its new interest rate decision. The #FED announced that interest rates will be kept constant at 5.50%, in line with expectations. The US Federal Reserve (FED) included the following information in its economic report shared with the interest rate decision: ** We do not expect it to be appropriate to reduce the policy target range until there is greater confidence that inflation will move sustainably towards 2%. ** Despite the lack of progress noted in the May 1 statement, modest progress was made towards the 2% inflation target. ** Fed Policymakers predict that GDP growth will be 2.1% and the unemployment rate will be 4% in 2024; both were unchanged from March. Although the #FED did not make a surprise decision, the leading cryptocurrency #Bitcoin (BTC) faced selling pressure and experienced a decline to $ 68,800. It was revealed seconds later that these declines were a shaking movement. After the liquidation of long positions, BTC compensated for a significant part of the recent declines. As of now, all eyes in the crypto market are on FED Chairman Jerome Powell's press conference, which will start at 21.30 GMT. $BTC
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