FOMC Recap: Powell’s Dovish Tone, Bitcoin’s Surge & What’s Next for Rates!

The Federal Open Market Committee (FOMC) meeting was widely anticipated, and as expected, Fed Chair Jerome Powell delivered a data-dependent message. While the Fed held rates steady, Powell hinted that rate cuts could be on the horizon—contingent on inflation cooling below 3% and job numbers remaining solid.  

A standout moment? A surprising question about Bitcoin from a Bloomberg journalist. Powell’s response suggested that banks could start offering crypto services if clients understand the risks. This comment sent Bitcoin soaring by $4,000 in a single day, proving once again how sensitive the market is to regulatory signals.  

Meanwhile, the U.S. dollar lost some ground as Powell’s slightly dovish rhetoric reinforced expectations of two potential rate cuts this year. Traders should stay sharp—February and March could bring even more volatility.  

Want to learn how to trade these moves? Join our live webinar today from 5-6 PM! We’ll break down the FOMC statement, key market reactions, and trading strategies to stay ahead. See you there!  

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