JUST IN 👇
 
The #FED announced no rate hike and will keep the terminal rate at 5.25%–5.50%.

#FOMC #Powell #Crypto

𝗧𝗢𝗗𝗔𝗬'𝗦 𝗖𝗣𝗜 𝗗𝗔𝗧𝗔 𝗜𝗦 𝗛𝗨𝗚𝗘
 
 #CPI data is coming today at 6 p.m. IST
 
CPI Expectations: 3.4%
 
The June Fed meeting will also start just hours after CPI data is released.
 
This CPI data will be crucial.

🔴 If the CPI data comes in higher than expected, 𝘳𝘶𝘭𝘦 𝘰𝘶𝘵 𝘢𝘯𝘺 𝘮𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 𝘰𝘯𝘦 𝘳𝘢𝘵𝘦 𝘤𝘶𝘵 𝘵𝘩𝘪𝘴 𝘺𝘦𝘢𝘳.
 
If CPI data comes in lower than expected, 𝘵𝘩𝘦𝘯 𝘪𝘵 𝘮𝘢𝘺 𝘰𝘱𝘦𝘯 𝘵𝘩𝘦 𝘥𝘰𝘰𝘳 𝘧𝘰𝘳 𝘢 𝘑𝘶𝘭𝘺 𝘳𝘢𝘵𝘦 𝘤𝘶𝘵.
 
What are your CPI expectations? 👇

#Crypto #FOMC #Bitcoin