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Woofun AI reports that the Federal Reserve will announce its first interest rate decision under new Chair Kevin Warsh on June 18th, with a press conference scheduled shortly after. The market widely anticipates the central bank will hold the federal funds rate steady within the 3.50%-3.75% range. While U.S. equities have demonstrated resilience, with the Dow reaching new highs, investors are closely monitoring Warsh's commentary for clues on future policy direction, particularly regarding inflation risks and the valuation of technology sectors.
Concurrently, crypto assets are benefiting from a restoration of risk appetite, with Bitcoin showing notable strength as a key indicator of macro sentiment. The rebound in digital assets aligns with broader market optimism driven by easing geopolitical tensions and positive developments in AI infrastructure spending.
However, traders remain cautious, noting that any hawkish shift in Warsh's tone could pressure overvalued tech stocks and potentially dampen speculative momentum in risk-on assets.