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The FOMC left the fed funds target range unchanged at 3.50%–3.75% in a 9–3 vote, with Hammack, Kashkari, and Logan dissenting in favor of a 25bp hike — a hawkish shift from June's unanimous hold. The statement flags inflation still elevated versus the 2% goal on energy-driven supply shocks tied to Middle East conflict, which supports UST yields and the DXY at the margin and pressures rate-sensitive risk assets including NASDAQ and BTC/ETH beta. Watch whether upcoming CPI and energy prices validate the dissenters; growing hike odds would force a repricing of front-end rates and weigh on crypto and gold's rate-sensitive bid.
As a Macro signal, watch whether it changes price action, volatility, or flows around GSPC, BTC, GC=F.
Original Source: InvestingLive Central Banks
This page is market information analysis, not investment advice.
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