Kevin Warsh's debut remains silent, but the five working groups are fully prepared. Is the Federal Reserve holding back a big move or just watching? Crypto enthusiasts are disappointed by the dot plot; don't rush to bet on a direction just yet.

CoinWorld News reports that Kevin Warsh announced at his first Federal Reserve FOMC meeting that the federal funds rate would be maintained unchanged at 3.50% to 3.75% and that multiple internal reviews would be introduced. He provided no guidance on potential future rate cuts and confirmed that he had not submitted the latest dot plot forecasts. The meeting drew attention from financial markets, including cryptocurrency traders who are looking for clues about the direction of monetary policy. The Federal Reserve statement showed that economic activity continues to expand steadily, but inflation remains above the 2% target. Warsh also announced that five independent working groups would be established, focusing on inflation, communication, economic data, productivity, and the labor market.