Everything You Need To Know About The #FOMC Meeting That Happened Today

- #FED paused rate hikes, keeping the terminal rate at 5.25% – 5.5%.

- Powell said inflation has eased, which means they are no longer planning a rate hike.

- The FOMC median forecast now shows 3 rate cuts in 2024 (2 months ago, it was 2 rate cuts).

𝐒𝐮𝐦𝐦𝐚𝐫𝐲

Powell sounded dovish (good for crypto); NASDAQ almost reached a new ATH (#cryptocurreny could follow too) 🔥 #BitcoinETF #BTC #ETH #BinanceSquareTalks $BTC $ETH $BNB