FinanceDecryptabout 1 hour ago
Fed Holds Rates at 3.75% to 4.00%
3 min read
The Federal Reserve kept interest rates unchanged at 3.75% to 4.00% in a 10-2 vote on Wednesday, with Governor Lisa Cook and President Beth Hammack dissenting. Bitcoin edged up 0.2% to roughly $80,950 after the announcement. The Fed cites strong economic activity and elevated inflation as reasons to wait, with the next meeting scheduled for Dec. 8-9.
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