đ˘ Federal Reserve Holds Interest Rates Steady Again â What It Means for Markets
The U.S. Federal Reserve has held interest rates steady for the fifth consecutive time, keeping the benchmark rate between 5.25%â5.50%. This move signals the Fedâs continued cautious stance amid persistent inflation and economic uncertainty. Fed Chair Jerome Powell noted that while inflation is gradually easing, it's ânot enoughâ to warrant a rate cut yet. Investors are now shifting their focus to Septemberâs FOMC meeting for any signs of change. The crypto market remained largely stable, but long-term rate pauses may fuel risk asset rallies like BTC and ETH.
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