Fed Holds Rates Steady Amid Economic Uncertainty, Crypto Markets Watch Closely
The Federal Reserve maintained its benchmark interest rate at 4.25%-4.50% for the third consecutive meeting, aligning with market expectations. Policymakers cited "sustained" economic growth despite export volatility, reflecting cautious Optimism in turbulent conditions.
Cryptocurrency markets exhibited muted reactions to the anticipated decision, with Bitcoin and Ethereum holding key support levels. Traders now shift focus to future rate trajectory signals as inflation remains stubbornly elevated.