#FOMCMeeting #FOMCMeeting

#FOMCMeeting: The Fed Holds Interest Rates, Crypto and Stock Markets React

In its latest meeting, the Federal Open Market Committee (#FOMCMeeting) decided to hold the benchmark interest rate in the range of 5.25%–5.50%. This decision aligns with market expectations, although it still leaves uncertainty regarding the direction of monetary policy moving forward. The Chair of the Fed, Jerome Powell, stated that although inflation has shown signs of decline, the central bank remains cautious and is waiting for the next economic data before considering a rate cut.