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![cas_abbe Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1242073759735058432.png) Cas Abbé [@cas_abbe](/creator/twitter/cas_abbe) on x 99.7K followers
Created: 2025-05-08 02:48:19 UTC

Yesterday's FOMC meeting was less bullish than expected.

First of all, Powell acknowledged that inflation has come down significantly, which is a good thing.

But then he mentioned a lot of bearish things.

He said things about inflation concerns due to the tariff war and stagflation fears due to negative GDP and even mentioned that there is no hurry to do rate cuts.

BTC definitely rallied after his press conference because the market knows that the Fed will do at least X rate cuts this year.

This is why bond yield fell during Powell's press conference.

I think we need to wait more for the alts rally, but until then BTC could definitely go up a lot.


XXXXXX engagements

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**Related Topics**
[powell](/topic/powell)
[gdp](/topic/gdp)
[stagflation](/topic/stagflation)
[tariffs](/topic/tariffs)
[bearish](/topic/bearish)
[inflation](/topic/inflation)
[fomc](/topic/fomc)
[bitcoin](/topic/bitcoin)

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