Federal Reserve issues FOMC statement

Analysis of Today's Statement:
Interest Rates: The decision to maintain the current target range indicates a steady approach, without additional tightening or loosening, which could be seen as neutral to slightly hawkish.
Economic Outlook: Describing the economy as expanding at a solid pace and noting strong job gains is positive, but the emphasis remains on elevated inflation and the lack of progress towards the 2% inflation goal, which leans hawkish.
Asset Purchases: The decision to slow the pace of decline in securities holdings could be seen as slightly dovish, as it indicates a slower rollback of quantitative easing measures.

Analysis of Previous Statement:
Interest Rates and Economic Outlook: Similar to the current statement, with a steady rate and focus on strong economic indicators coupled with elevated inflation. The language around balancing risks to employment and inflation goals is comparable.
Asset Purchases: Mention of ongoing reduction in asset holdings as previously announced, which is a continuation of the hawkish stance on controlling inflation.

Hawkish/Dovish Scale (0-10, where 10 is dovish):
Today's Statement: Around 3, indicating a slightly hawkish tone. This reflects ongoing concerns about inflation and a careful approach to not easing monetary conditions too soon.
Previous Statement: Similarly around 3. The language and policy measures remain consistent with a focus on managing inflation risks, albeit with an ongoing evaluation of economic conditions.
In summary, both statements are relatively hawkish with a continued emphasis on controlling inflation and maintaining careful monetary policy measures, with only slight shifts in the details of asset purchase plans. There is no significant change in the scale of hawkishness or dovishness between the two statements.

Google "quantitative easing" and its effect on inflation.

Fed decided to keep the federal funds rate between 5.25% and 5.5%. This decision to maintain the rate indicates a cautious approach, balancing economic growth with the need to control inflation. The Fed also signals that it does not expect to lower this rate range until it has greater confidence that inflation is moving sustainably toward the 2% target.

What’s with the change in the redemption cap?

what do you mean...???

i hope gold is double top, or more high

There are no surprises in the statement. The press conference in 15min is what counts in terms of level of "hawkishness"

so hawkish then....

did you listen....commercial member, Hahaha

The committee is full of political

wait for the press conference

no way! sell everything against USD.

I think he is a one minute chart scalper.... what a mediocre .... hahahaha

Intervention will remain until inflation to 2% target

The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs,

So what to buy, pawnbrokers?

higher for longer....

BTC/USD will fly now and will react to Bitcoin Halving. It will follow the previous history bull run

hawkish but markets thought it was dovish

dovish. cutting treasury sales in half to $25B. This is to offset ECBs upcoming rate cut. Dollar to remain king.

Dovish USD. Buy opportunity for Gold and Bitcoin

Can anybody explain the statement "the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities."