According to ChainCatcher, citing Jinshi, Carson Group Chief Market Strategist Ryan Detrick said Wosh’s first meeting as chair did not create much turbulence. His comments focused on two points: inflation is clearly heating up, while the economy is still showing resilience.
Detrick said the market’s broad expectation that interest rates are unlikely to be cut this year was further confirmed after the meeting. The next question, in his view, is whether the Federal Reserve will actually raise rates, or whether it will remain on hold for the rest of the year.
The report did not provide specific price reactions for crypto assets and did not include verbatim remarks from Federal Reserve officials. Its main focus was the market’s interpretation of the meeting: a calm outcome, stronger recognition of rising inflation, continued confidence in economic resilience, and a reinforced view that rate cuts are unlikely this year.