Regulation
US Fed Keeps Interest Rate Unchanged At 4.5%
In line with expectations, the US Federal Reserve has kept interest rates unchanged between 4.25% and 4.5% following the conclusion of the March FOMC meeting. Amid this development, market experts predict the US Fed will still ease its monetary policies this year.
US Fed Keeps Rates Unchanged Following FOMC Meeting
In a press release, the US Federal Reserve announced that the FOMC has decided to keep interest rates unchanged following the two-day meeting held on March 18 and 19. This decision is in line with expectations. As CoinGape reported, there was a 98% chance the Fed will continue with a 4.25% to 4.5% interest rate, per CME data.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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