FED quiet but on Alert!

Rates UNCHANGED, but Powell TRIGGERS the alarms

Unemployment and Inflation THREATEN the crypto rally?

The Federal Reserve of the United States has decided to keep its target range for the federal funds rate unchanged at 4.25%-4.50% during its meeting on Wednesday.

This widely anticipated decision marks the third consecutive meeting in which the central bank has kept its monetary policy unchanged.

All eyes of the crypto community and financial markets will now be fixed on the post-meeting press conference of Fed Chair Jerome Powell, looking for signals about the future direction of monetary policy.

"Uncertainty about economic prospects has increased further," stated the Federal Reserve in its accompanying statement. "The Committee is attentive to the risks on both sides of its dual mandate and considers that the risks of higher unemployment and higher inflation have increased."

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