Federal Reserve Pauses Rate Hikes, Signals Caution Amid Inflation Concerns
The Federal Open Market Committee (FOMC) concluded its highly anticipated meeting on [insert date], opting to keep interest rates unchanged at 5.25%-5.50%, marking the sixth consecutive pause. While the decision was widely expected, Chair Jerome Powell’s commentary shed light on the Fed’s cautious approach as inflation remains stubbornly above the 2% target.
Key Takeaways:
- 📌 Rates on hold: No changes to the benchmark federal funds rate.
- 📌 Balance sheet reduction:#FOMCMeeting Quantitative tightening continues at $95B/month. #BitcoinReserveDeadline