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Federal Reserve Holds Rates Steady Amid Inflation and Growth Concerns
Federal Reserve Holds Rates Steady Amid Inflation and Growth Concerns
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BTCCSquare news:
The Federal Open Market Committee maintained the federal funds rate at 4.25%-4.5%, signaling caution as economic growth moderates while inflation persists. Tariff-related price pressures and global uncertainties weigh on policymakers' calculus.
U.S. GDP expansion shows signs of deceleration, though labor markets remain tight. The personal consumption expenditures index held at 2.5% in June - above the Fed's target but demonstrating some stability.
Cryptocurrency markets typically exhibit heightened volatility during periods of monetary policy uncertainty. Bitcoin and ethereum often serve as inflation hedges when traditional markets question central bank efficacy.
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