Fed Freezes Rates at FOMC Meeting—Inflation Still Lurking Like a Bad Hangover
The Federal Reserve hits pause on rate hikes—again—while inflation plays whack-a-mole with the economy. Powell & Co. stuck to their ’wait-and-see’ script, but markets aren’t buying the patience act.
Behind the scenes: Wall Street’s betting on a 2025 rate cut, but the Fed’s playing chess with inflation data. Meanwhile, crypto traders shrug—BTC barely budged on the news. (Because when has macro ever mattered to degens?)
Bonus finance jab: Another masterclass in central banking ambiguity—where ’data-dependent’ means ’we’ll react after it’s too late.’
