The Federal Reserve's FOMC Statement and its Impac

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Attention, blockchain friends! The Federal Reserve's FOMC recently issued a statement stating that it will once again wait for increased confidence in inflation to come down. At the same time, the Fed will continue to reduce its holdings of Treasury bonds and mortgage-backed securities at the same pace.

It is worth mentioning that by the end of 2024, the median core PCE is expected to reach 2.6%, compared with the previous expectation of 2.4%. This data is undoubtedly good news for cryptocurrency markets such as Bitcoin.

As enthusiasts of the blockchain industry, we should pay close attention to global regulatory developments, industry trends, and cryptocurrency news in order to better grasp the pulse of the market.

Let us look forward to the bright future of Bitcoin together!

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