US Federal Reserve Maintains Interest Rates at 4.25%–4.5%
- The US Federal Reserve kept interest rates unchanged between 4.25% and 4.5% after the March FOMC meeting.
- The Fed announced a slowdown in balance sheet runoff starting April 1, potentially leading to quantitative easing.
- LSEG estimates show US interest rate futures pricing in a cut of 56 basis points this year.
- Four Fed officials predict no rate cuts in 2025.
- Bitcoin’s price surged to $86,000 following the meeting, with potential targets as high as $107,000 if a bullish pattern holds.
The US Federal Reserve’s decision to maintain interest rates between 4.25% and 4.5% aligns with expectations, while plans to slow balance sheet runoff could lead to quantitative easing, impacting markets like Bitcoin positively.
Source (2.6)https://coingape.com/fomc-meeting-update-us-fed-keeps-interest-rate-unchanged-at-4-5/?rand=24432
