The American Federal Reserve has remained a reality of its recent monetary policy by maintaining the main interest rates at the same levels from 4.25 % to 4.5 %.
The price of Bitcoin decreased around about Grand immediately after the announcement, but the effect is expected to be small in the following days.
The FOMC meeting today did not bring any big surprises like the US Central Bank He said It continues to seek inflation rates by 2 % in the long run, and it is somewhat close to the actual numbers of the previous month.
To achieve its goals, which also include reaching the maximum level of employment, the Federal Reserve decided to “maintain the target range of federal funds rate at 4-1/4 to 4-1/2 per cent.”
While financial markets have been the prices of such development, some were hoping that Federal Reserve Speaker Jerome Powell would surrender to US President Trump’s warnings and reduce rates. I remember that Potus threatened to launch Powell if he refused to cut prices.
However, the BTC price fell immediately after the Fed Bank announced directly, moving from more than 96800 dollars to less than 96,000 dollars. It has regained nearly half of the losses from the time of the press, but it is still circulating about less than its peak earlier today with more than 97,600 dollars.
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