Fed Reserve meeting today says there is no evidence of inflation slowing down

So I was watching some of the meeting today and for the most part 90% of it was pointless. There was some representatives like New Jersey asking about about race in the Federal Reserve, but completely ignored how people are hurting. Most of the questions I seen were extremely softball questions.

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Anyways, this was towards the end (I forgot the person the Fed was talking to). But there was a a quick line about if there was any evidence if inflation is improving or something like that, and the Fed said in a single line there is no evidence the inflation is improving.

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This was completely ignored, but I found this interesting. While the gov is pushing on one hand for things are improving and what not. On the other hand they flat out admit there is 0 evidence the inflation is improving, but there is evidence that it is getting worse.

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This is important to note because as time goes on, less people will have less to spend on things like crypto. This means more and more of the up/down is going to be controlled by the banks and so on that is buying up crypto right now.