Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year

Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year

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Source: Coindesk.com

Bitcoin traded over $64,000 after the Fed's decision. It would have been bearish for bitcoin if Fed projected less than three rate cuts, QCP Capital said.

The U.S. Federal Reserve left the interest rates steady at 5.25%-5.5% Wednesday, as expected, and held its projection of three rate cuts for this year,

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The post "Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year" appeared first here Coindesk.com.

Source: Coindesk.com

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