#BTC突破99K The Federal Reserve concluded its two-day monetary policy meeting, announcing early Thursday (May 8) to maintain the benchmark interest rate between 4.25% and 4.5%. This marks the third consecutive meeting without a rate cut.

Previously, Trump's large-scale import tariff policy triggered market concerns about inflation and potential economic slowdown. Trump's import taxes aim to support domestic industries in the U.S., but this policy is also driving up prices and slowing economic growth. This tricky situation leaves the Federal Reserve in a dilemma—lowering rates could help stimulate economic growth, but it might also exacerbate inflation. Therefore, the Fed chose to take a wait-and-see approach.

In the statement following the meeting, the Fed acknowledged that the economy has shown some early signs of pressure, such as economic contraction in the first quarter and inflationary pressures due to rising import taxes. Nevertheless, the Fed remains generally optimistic, stating that economic activity is still experiencing "solid growth," the labor market remains "strong," and inflation levels are "slightly elevated," which is not yet sufficient to prompt a rate cut.

After the announcement of the meeting's decision, Bitcoin (BTC) also reacted to the Fed's decision. During the trading period ending at 11 a.m. on Thursday, the price of Bitcoin surged to a high of $98,838.