Fed Keeps Rates Steady, Impact on Bitcoin and Crypto Market
The U.S. Federal Reserve has once again decided to hold its benchmark interest rate steady, maintaining the target range at 4.25% to 4.5%. This marks the third straight meeting with no rate cut.
The Fed’s move comes against the backdrop of President Donald Trump’s sweeping import tariffs, which have stirred fresh concerns about both inflation and a potential economic slowdown.
These import taxes are meant to support U.S. industries, but they are also causing prices to rise and slowing down the economy, a tough situation that makes it harder for the Fed to act. Cutting rates could help the economy grow, but it might also make inflation worse. That’s why the Fed is choosing to wait and watch.
In its post-meeting statement, the Fed…
