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Kevin Walsh hosted his first FOMC press conference as the Federal Reserve Chair. He started with this opening statement: Good afternoon, everyone! It's an honor to meet you all! Let me announce: There will be absolutely no rate cuts this year, and rate hikes are already on the agenda! It's time to cool down the U.S. stock market and Bitcoin! Buckle up, everyone—any crashes that follow are not my responsibility, I'm just here to hike rates!