🏦 Fed Keeps Interest Rates Unchanged (4.25%–4.50%)
🔹 What Happened:
• The Federal Reserve decided to keep the benchmark interest rate steady at 4.25%–4.50%
• This is the fifth consecutive meeting where rates remained unchanged
• The decision was in line with market expectations
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🔍 Why This Matters (Especially for Crypto)
✅ 1. Market Stability
• Keeping rates unchanged = no surprise shock to markets
• Stocks, crypto, and forex usually prefer predictability, so this is neutral-to-slightly bullish for risk assets
✅ 2. More Liquidity Pressure Easing
• When the Fed pauses or hints at future cuts, investors start feeling safer moving into altcoins, Bitcoin, and tech stocks
✅ 3. Signals Future Policy Path
• If inflation continues cooling, the Fed might start cutting rates later in 2024, which would be bullish for crypto
• If inflation rises again, further rate hikes could return — a bearish scenario