According to Cas Abbé, the latest FOMC meeting was less bullish than anticipated for markets. Chair Powell noted that while inflation has decreased notably, persistent concerns remain due to ongoing tariff wars, which could drive inflation higher in the future (source: Cas Abbé on Twitter, May 8, 2025). This cautious outlook from the Federal Reserve signals potential volatility and a lack of immediate bullish momentum for both traditional and crypto markets. Crypto traders should closely monitor inflation data and Fed statements, as sustained inflation concerns could delay potential rate cuts, impacting crypto price movements and liquidity.