The US Federal Reserve revives the market... temporarily!!!!!!!!!🤔

The Chairman of the Federal Reserve announced important statements after the interest rate was held steady, confirming that economic recession expectations in America remain weak. The Fed is anticipating two interest rate cuts in 2025 due to weak economic growth, but it does not need to rush into lowering interest rates.
He also emphasized that the American economy is strong, but inflation remains high, and there is a sense of uncertainty affecting economic forecasts. The Fed believes that the labor market has not been and is not a cause of inflationary pressures, and the long-term inflation expectation is 2%.
It is worth noting that the Federal Reserve intends to maintain a tight monetary policy for a longer period if the economy continues to be strong, and it will do its utmost to achieve its inflation target and the optimal utilization of the labor market.
#Fed's March Rate Decision# #MUBARAK Launchpool is Live# #Crypto ETFs Under Application#