The Federal Reserve is holding firm on its 2025 outlook—still penciling in just a single rate cut for next year. That's right, one. Despite mounting pressure from various corners of the market, policymakers seem content to keep borrowing costs elevated longer than many had hoped.

This cautious stance reflects persistent inflation concerns and a resilient labor market. For crypto traders and traditional investors alike, this means liquidity conditions may remain tight well into next year. Risk assets could face continued headwinds as the cost of capital stays high.

What's particularly interesting? The Fed's messaging suggests they're in no rush. They're prioritizing price stability over market euphoria, which could keep volatility elevated across all asset classes. Keep an eye on incoming economic data—any surprises could shift this trajectory fast.