Warpcast

❗️The Fed left interest rates unchanged. Here’s a breakdown of the press release:

A new statement was added:
“The Committee sees increased risks of both rising unemployment and inflation.”
This suggests the Fed is now factoring in the risk of stagflation — a simultaneous slowdown in economic growth and rising prices.

Another key update:
“Uncertainty regarding the economic outlook has increased further.”
Back in March, the wording was softer — simply “increased.” Now, the Fed is clearly emphasizing a deterioration in the macroeconomic backdrop.

💁‍♂️ Bottom line: The press release sends a flexible signal. No signs of hawkish tone or a prolonged pause — instead, a cautious, softened stance. The shift in tone is clear. Powell will likely confirm this during the press conference.

🔥 For now, this looks strongly bullish for the markets. Let’s see what Powell says next.