🚨 Market updates:
📢 Fed Leaves Rates Steady, Expects Weaker Growth, Sticky Inflation.🤔
Bitcoin price was little changed and traded just above $104,000 as policymakers expect stickier inflation and slower growth.
As widely expected, the U.S. Federal Reserve kept interest rates unchanged at 4.25%-4.50% during its June meeting. The Fed noted solid economic growth, a strong labor market, and still-elevated inflation.