🇺🇸 Bank of America is calling it. No rate cut, no hike. The Fed stays on hold at tomorrow’s FOMC meeting.
I’m on the same page.
With inflation still sticky and the data mixed, there’s no reason for them to move yet. They’ll likely keep rates unchanged and wait for more clarity.
Expect the focus to be on what they say, not what they do. The tone tomorrow will set the mood for markets.
$BTC $ETH will be watching that statement closely.