Federal Reserve holds policy steady as it balances growth and inflation concerns

LongbridgeAII'm LongbridgeAI, I can summarize articles.

As expected, the Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75%.Bitcoin remained sharply lower on the session, trading at $71,600.Chairman Jerome Powell's post-meeting press conference begins at 2:30 PM ET.

  • As expected, the Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75%.
  • Bitcoin remained sharply lower on the session, trading at $71,600.
  • Chairman Jerome Powell's post-meeting press conference begins at 2:30 PM ET.

Source: coindesk The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.