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Crypto Market Stays Flat as Fed Holds Interest Rates Steady After FOMC Meeting
Crypto Market Stays Flat as Fed Holds Interest Rates Steady After FOMC Meeting
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The Federal Reserve maintained its benchmark interest rate at 4.25%-4.50% following May’s FOMC meeting, a decision markets had priced with 99% certainty. Cryptocurrencies showed muted reaction, reflecting the anticipated outcome.
Former President Trump’s proposed tariffs could introduce fresh inflationary pressures, though the Fed’s statement omitted direct commentary. market participants now scrutinize future rate path signals amid persistent inflation concerns.
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