Federal Reserve issues FOMC statement | Crypto Craft

  • Federal Reserve issues FOMC statement

    From federalreserve.gov

    Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, on average, and the unemployment rate has been little changed in recent months. Inflation is elevated, in part reflecting the recent increase in global energy prices. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Developments in the Middle East are contributing to a high level of uncertainty about the economic outlook. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to ... (full story)

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Xautrucho
Apr 29, 2026 1:26pm
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Warsh is going to play the role of Hawk, as he always has. Warsh will advocate for rate cuts. Next meeting we will experience 9-3 Fed Votes. Rates will come down and by then we will be at war. Administration is hell-bent on cutting rates. In order to achieve desired outcome(s), problem(s) must be produced.
God bless Jerome, he knows what's best when it comes to taming inflation, particularly after all the monetary that was printed due to the pandemic. However, logic is out the window these days, it's all about profits. Paul Volcker is turning in his grave.
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Trader#EBA7
Apr 29, 2026 1:30pm
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Don't dare use Jerome and Volcker in the same context. One at least had guts
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Xautrucho
Apr 29, 2026 2:16pm
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You're right, let's push rates up to 22%. The rich deserve it, as commoners we always eat dust. No biggie.
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devonoved
Apr 29, 2026 4:20pm
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The fact that you think guts is what it takes to keep an economy on track put you firmly in the 95% of traders who fail. But don't let me discourage you. Keep trading with guts! Bring your friends!

Cuz I need a bigger boat.
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Trader#E6DD
Apr 29, 2026 3:53pm
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Why did Powell lower rates one month before the 2024 election? I'd like to hear your take.
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ffghost
Apr 29, 2026 1:03pm
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In before "Too late Powell should have lowered rates today. I am firing him" truth social post.
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TimmyBTrades
Apr 29, 2026 1:01pm
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Damn, last time with 4 dissents was 1992
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ffghost
Apr 29, 2026 1:06pm
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Yeah. Can't argue the facts. However, it's likely not as impactful as it seems due to WHY they dissented.


"Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michael S. Barr; Michelle W. Bowman; Lisa D. Cook; Philip N. Jefferson; Anna Paulson; and Christopher J. Waller. Voting against this action were Stephen I. Miran, who preferred to lower the target range for the federal funds rate by 1/4 percentage point at this meeting; and Beth M. Hammack, Neel Kashkari, and Lorie K. Logan, who supported maintaining the target range for the federal funds rate but did not support inclusion of an easing bias in the statement at this time."
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TimmyBTrades
Apr 29, 2026 1:10pm
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Exactly, moreso signaling than actual dissent. Was wondering the same thing as well lol, not nearly the magnitude of move I expected
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longfellow
Apr 29, 2026 2:06pm
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Well well well, if it isn't the consequences of President Dumbass's own actions. War, tariffs, rising inflation. Put your own lackey in there and lower rates, what could go wrong with hyperinflation.
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Trader#9D88
Apr 29, 2026 3:23pm
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Inflation went up from Biden's term, now it's lower. How old are you ??
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Patric47
Apr 29, 2026 1:04pm
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Sell counties
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ffghost
Apr 29, 2026 1:07pm
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Give it the 5 min var to shake out before the BTFD algos turn on.

.....though, I am in the (small?) camp of people who think these tech earnings aren't going to boost the markets to new highs without some Iran news in concert.

Markets were never going to move on the "known" number though: it's all about the press conference today.
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Trader#F5F2
Apr 29, 2026 1:08pm
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Meens
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Izeey007
Apr 29, 2026 1:22pm
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Sell?
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rushe
Apr 29, 2026 1:39pm
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Buy oil price go to 112 plus today
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Trader#3B29
Apr 29, 2026 1:06pm
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whats gona happen to gold ?
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Dano111
Apr 29, 2026 1:13pm
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Sell
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Elijahbuike
Apr 29, 2026 1:29pm
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Sure?
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Tbest007
Apr 29, 2026 1:31pm
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Why is it a sell move tho?
And how sure are you it's gonna sell??
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Kalapaisa555
Apr 29, 2026 1:26pm
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No sell it's buy after 3 minutes fly fly fly
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Kalapaisa555
Apr 29, 2026 1:26pm
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Fly fly fly now
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Elijahbuike
Apr 29, 2026 1:29pm
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??
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Aarbtc
Apr 30, 2026 10:24am
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At this rate I don't give a F
just print us to oblivion sky rocket asset prices.
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Trader#7CCB
Apr 29, 2026 1:01pm
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Gold Up
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Trader#C661
Apr 29, 2026 1:04pm
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Shutup. It's gone sink mate.
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FXD3M0N
Apr 29, 2026 1:10pm
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Facts
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Trader#6E0D
Apr 29, 2026 1:30pm
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Noo
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Trader#6A51
Apr 29, 2026 1:07pm
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Lol
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Trader#DDB8
Apr 29, 2026 1:19pm
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Sell gold
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Trader#8639
Apr 29, 2026 1:20pm
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Will this news cause gold prices to fall or rise?
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Trader#49CE
Apr 29, 2026 1:20pm
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Yess
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Trader#760B
Apr 29, 2026 1:23pm
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Sell
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Trader#D433
Apr 29, 2026 1:23pm
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Sell?
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Trader#BABC
Apr 29, 2026 1:24pm
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Gold buy
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Trader#E246
Apr 29, 2026 1:25pm
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yes sell
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Trader#A887
Apr 29, 2026 1:27pm
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What’s gonna happen to ethusd?
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Trader#F73D
Apr 29, 2026 1:27pm
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Nasdaq Buy
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Trader#77B7
Apr 30, 2026 12:32am
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Buy oil
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Trader#77B7
Apr 30, 2026 12:32am
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Buyyyy
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Trader#2D74
Apr 29, 2026 1:10pm
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Gold sell tomorrow tp 4450 hit
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