Fed Holds Rates at 3.75%-4% as Bitcoin Gives Back Brief Gain
AI summary
The Federal Reserve kept its benchmark rate at 3.75%-4%, holding steady after September's unanimous hike. Two officials, Lisa Cook and Beth Hammack, dissented in favor of a quarter-point increase. Bitcoin gave back a brief gain following the decision, as traders weigh a pause in tightening against the hawkish dissent that signals a possible hike ahead.
Narrative history
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1H AGOYou’re reading thisFed Holds Rates at 3.75%-4% as Bitcoin Gives Back Brief GainThe Defiant · Score 55
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1H AGOCrypto Briefing · Score 70 · via 3.75%, 3.75% 4%
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1H AGOCoinDesk · Score 55 · via holds rates, Fed holds
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5H AGOCryptoPotato · Score 25 · via Fed meeting, meeting
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7H AGOCoinDesk · Score 25 · via Fed meeting, meeting
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7H AGOCryptoPotato · Score 25 · via steady, rates steady
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17H AGOBeInCrypto · Score 55 · via Fed hold, hikes
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27 OCT · 08:50BeInCrypto · Score 55 · via hold rates, rates steady
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26 OCT · 04:37CoinDesk · Score 65 · via Fed meeting, meeting
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23 OCT · 02:08BeInCrypto · Score 55 · via December, hikes
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21 OCT · 11:20CryptoSlate · Score 25 · via Fed meeting, meeting
