According to Skew Δ (@52kskew), the Federal Open Market Committee (FOMC) has kept interest rates unchanged, aligning with market expectations. Recent economic data suggests potential for rate cuts later in the year, but updated FOMC projections show a more hawkish stance, with higher rate expectations and a longer-term rate floor set at 3%. This signals cautious monetary policy, which may weigh on risk assets such as Bitcoin (BTC) and Ethereum (ETH), as tighter financial conditions could limit upside momentum in the crypto market. Source: Twitter (@52kskew).