🚨 THIS IS REALLY BAD: FEDERAL RESERVE HOLDS INTEREST RATES STEADY NO CUT, NO HIKE.

Powell & Co. just delivered exactly what the market feared: another pause while the U.S. economy remains too strong to ease.
This marks the latest confirmation of the “higher for longer” regime that has now stretched far beyond original expectations.
Recall: markets are already pricing in just 10 basis points of cuts for the rest of 2026.
Today’s decision cements that outlook.
The same resilient growth and sticky inflation that Russell Investments flagged last week (Middle East energy shocks included) is precisely why the Fed refuses to budge.
No relief for borrowers.
No sugar for risk assets.
No pivot.
The “strong economy” narrative that bulls celebrated is now the very reason rates stay elevated.
Wall Street just got another loud reminder: the Fed is data dependent, not calendar dependent, and the data still says hold.