Home BlockchainFed Pauses Rates as Weak Dollar Shapes Bitcoin, Crypto Outlook

Fed Pauses Rates as Weak Dollar Shapes Bitcoin, Crypto Outlook

by Vivek Kumar
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Federal Reserve, Interest Rate

The US Federal Reserve voted to leave interest rates unchanged on Wednesday, a decision that was widely anticipated by investors. While the move signals a pause for now, market commentators suggest a path toward monetary easing could still emerge indirectly.

Members of the Federal Open Market Committee (FOMC) voted to hold the federal funds rate steady for the first time since July, keeping it in a range of 3.5% to 3.75%, while cautioning that inflation remains “somewhat elevated.”

Two Fed officials…

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