#FOMC Yesterday was quite good when the Fed took a softer, less hawkish tone!
However, the FED did not confirm that it would lower interest rates but still said that it would observe more - the market realized that they had been too foolish when they bet with 99% certainty that the FED would lower interest rates in September.
This led to the correction of the stock index and $BTC - especially after the FED chairman's statement:
" The only thing we are sure of is that nothing is certain. There will be more data from now on, but we are not relying on a single piece of data but looking at the total data over the past year ."
So if the FED wants to start cutting interest rates in September, the unemployment index in the next 2 months must increase - or CPI and PCE inflation will decrease sharply as expected.
Contact admin via ZA?.NO (O.33/ 88..8/ 35..50) to join the free crypto group to catch the upcoming strong increase.
