Rumors were incorrect. Fed seemed and sounded like they have plans to slow down the rate hikes. Till JP started speaking: It's "very premature to be thinking about pausing," Powell said at a press conference following the rate decision. “Incoming data since our last meeting suggests that the ultimate level of interest rates will be higher than previously expected.” Prior to those words the dollar was going down and crypto moved up... But those words .... Those premature words..... They turned the game around and I think this is gonna end bad for Powell. He will not be leading the FED for more than 6 months if he keeps this up
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