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LIVE: Federal Reserve expected to hold rates steady today

Published Source: CryptoPolitanRead original

Crypto Insight Summary: The Federal Reserve is expected to keep interest rates at 3.75%–4% today, with less than a 10% chance of another hike. US inflation is climbing again, with September’s CPI at 3.7% and PPI at 6.3%, partly due to higher energy prices. Traders expect another rate hike in December, after the Fed raised rates by 25... Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Rate hold reduces immediate selling pressure, but hawkish December outlook limits upside.

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LIVE: Federal Reserve expected to hold rates steady today — Crypto Insight