The latest FOMC meeting brought mixed results worth breaking down. On the positive side, the rate cut came as markets anticipated, with no last-minute surprises. Economic growth projections also improved, and the Fed maintains its government bond purchasing program, which injects liquidity into the system.

But not everything looks so good. The labor outlook is deteriorating faster than expected, and inflation still hovers around 2.4%, above the Fed's 2% target. The most concerning: by 2026, they only foresee an additional 0.25% cut, although several committee members even doubt that figure. Crypto markets will need to adjust to this more restrictive monetary policy scenario than many expected.