🚀 Kicking The Can Down The Road

📉 The Fed holds rates steady at 5.25–5.5%, as expected. The dot plot still signals 2 cuts in 2025, but with a more hawkish tilt — 7 FOMC members now expect no cuts this year, up from 4 in March.
📊 Fresh projections show a more cautious outlook: GDP growth trimmed to 1.4%, 2024 inflation raised to 3%, and even by 2027, PCE inflation is seen at 2.1%, still above the 2% target.
💸 ETF flows split: $BTC ETFs post 8th straight day of inflows (+$388M), pushing June total to $2.3B. $ETH momentum cools after a hot start, but still up $1.4B over the last 24 sessions.
#FOMC #FederalReserve #Bitcoin #Ethereum #ETF #Macro #Inflation #InterestRates

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