The Fed kept the rate unchanged, but there were disagreements within the committee!
The Federal Reserve (Fed) at its regular meeting on Wednesday, as expected, did not change the key interest rate, keeping it in the range of 4.25%–4.5%. However, this time the decision was not unanimous — two Fed members expressed support for a rate cut.
Why wasn't the rate cut?
The Fed continues to maintain a cautious policy, trying to keep inflation under control. Despite the economic data from recent months looking decent, the regulator is not rushing to ease, waiting for more sustainable signs of price reductions.
Who disagreed with the decision?
Two committee members — Michelle Bowman and Chris Waller — voted for a 0.25% rate cut. This is a rare case: the last time such discrepancies within the Fed were recorded was 30 years ago — in December 1993.
What should we pay attention to now?
Now investors will analyze the comments of Fed Chair Jerome Powell to understand:
- When can we expect a rate cut?
- Will the Fed change its approach if the economy slows down.
How does this affect the crypto market?
Recently, Bitcoin and Ethereum have shown growth, partly due to expectations of a change in Fed policy.
Conclusion: The Fed is currently maintaining a cautious stance, but internal disagreements may be a sign of future changes. If inflation continues to slow down, a rate cut will become a matter of time.
