For the first time since 2021, the Fed’s tone has turned slightly dovish. Powell is no longer leaning hard on inflation, he’s talking about downside risks.

Our Fed Communication Index shows the May FOMC press conference scored just below neutral. It’s not a pivot, but it does signal the tightening cycle is completely over.
Follow @ecoinometrics for more data-driven insights on the Fed, Bitcoin, and macro trends.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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