The Federal Reserve (FED) has decided to keep interest rates unchanged, as anticipated. Bitcoin's reaction to this decision is not mentioned in the given content. FED Chairman Jerome Powell will be holding a live press conference shortly, and his statements are expected to hold greater significance than the interest rate decision itself. This is the first major decision made by the central bank in President Donald Trump's second term, which comes after Trump expressed his desire to have influence over Fed policy. The Fed officials will now need to determine whether this pause in interest rates is a one-time occurrence or the beginning of a longer process. Economists speculate that Trump's economic policies and geopolitical threats could potentially increase prices, causing the Fed to delay rate changes or even raise rates to dampen economic growth.



Other News from Today