{"id":23761,"date":"2025-05-07T21:54:30","date_gmt":"2025-05-07T18:54:30","guid":{"rendered":"https:\/\/forklog.com\/en\/federal-reserve-holds-key-rate-steady-as-bitcoin-dips\/"},"modified":"2025-05-07T21:54:30","modified_gmt":"2025-05-07T18:54:30","slug":"federal-reserve-holds-key-rate-steady-as-bitcoin-dips","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/federal-reserve-holds-key-rate-steady-as-bitcoin-dips\/","title":{"rendered":"Federal Reserve Holds Key Rate Steady as Bitcoin Dips"},"content":{"rendered":"

On May 7, the United States Federal Reserve maintained<\/a> its key interest rate within the range of 4.25\u20134.5%.<\/p>\n

\n

“Although fluctuations in net exports affected the data, recent indicators suggest that economic activity continued to expand at a solid pace. In recent months, the unemployment rate has stabilized at a low level, and labor market conditions remain stable. Inflation remains somewhat elevated,” the press release stated.<\/em><\/p>\n<\/blockquote>\n

The decision aligned with market expectations and the consensus forecast of analysts. <\/p>\n

\n

“The FOMC is poised to trigger significant volatility this week. Since the last FOMC, [Donald] Trump has attempted to pressure Jerome Powell to urgently cut rates,” <\/em>noted<\/em><\/a> K33 experts.<\/em><\/p>\n<\/blockquote>\n

Following the release of the data, Bitcoin fell from the level of $97,000<\/a> reached a few hours earlier to $96,350.<\/p>\n

\"Federal
15-minute BTC\/USD chart from Binance. Data: TradingView<\/a><\/figcaption><\/figure>\n

At the time of writing, the leading cryptocurrency is trading around $96,240.<\/p>\n

Most assets in the top 10 by market capitalization showed similar dynamics to Bitcoin. <\/p>\n

\"Federal
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

At the time of writing, the total cryptocurrency market capitalization stands at $3.07 trillion, having decreased by 0.45% over the past day.<\/p>\n

Volmex implied volatility indices suggest that fluctuations in key cryptocurrency prices will be moderate.<\/p>\n

\n

“We remain committed to supporting maximum employment, achieving sustained inflation at 2%, and keeping long-term inflation expectations well anchored,” said Federal Reserve Chairman Jerome Powell at a <\/em>press conference<\/em><\/a>.<\/em><\/p>\n<\/blockquote>\n

He noted that the announced tariff increase was “significantly larger than expected,” but the impact of this decision on the economy remains uncertain.<\/p>\n

\n

“We don’t think we need to rush. We think we can be patient. We will monitor the data,” added the chairman, pointing to extraordinary uncertainty. <\/em><\/p>\n<\/blockquote>\n

In March, annual inflation in the US stood<\/a> at 2.4% (the lowest since September) compared to 2.8% the previous month.<\/p>\n","protected":false},"excerpt":{"rendered":"

On May 7, the United States Federal Reserve maintained its key interest rate within the range of 4.25\u20134.5%. “Although fluctuations in net exports affected the data, recent indicators suggest that economic activity continued to expand at a solid pace. In recent months, the unemployment rate has stabilized at a low level, and labor market conditions […]<\/p>\n","protected":false},"author":1,"featured_media":23760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1249,1145],"class_list":["post-23761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-federal-reserve-system","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=23761"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/23760"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=23761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=23761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=23761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}