The Federal Reserve left the standard interest rate that did not change on Wednesday, as the stop button in its mitigation campaign struck after providing three discounts in interest rates, respectively. and Bitcoin It appears to fall sharply at first before it extends to the highest level in three days.

The decision, which was widely expected among the Federal Bank traders in the Federal Reserve, maintained the rate of federal funds in a target range from 4.25 % to 4.50 %. When the Federal Reserve began to reduce monetary policy in September, its standard interest was a full percentage, hovering at the highest level in 23 years.

"This strengthened position or political position was appropriate in light of progress in inflation and balance in the labor market," said Jerome Powell, head of the Federal Reserve, said. "WE Do no Need to He is in A hurry to Adjust S.Ur policy position."

When the Federal Reserve began to reduce interest rates - a step that is usually affected by risk assets such as stocks and encryption - US Central Bank signal The support of the labor market by reducing borrowing costs has become a greater priority than being subjected to cooling.

However, at his meeting in December, they adopted policy makers relatively Cautious expectations. Amid signs of strength in the American economy, the Federal Reserve indicated that the risks of upwardness on inflation have increased-besides a newly elected wild card at the White House.

During the era of President Donald Trump, politicians were afraid that inflation would become a 2 % target that could become more difficult, Quoting from Possible transformations in immigration and commercial policy. Since then, the Trump administration has been a gradual approach to the so -called Global definitionsAccording to media reports.

At the Federal Reserve meeting in December, political makers expected discounts in interest rates only this year, the simple of the four they expected in September.

On Wednesday, the US Central Bank did not issue new economic or monetary political expectations, and the Federal Reserve said that "economic expectations are unconfirmed" in A. Written statement.

price Bitcoin He decreased after Wednesday's decision, as it decreased to $ 101400 from about 103,000 dollars in less than half an hour.
But shortly after, the Bitcoin price, which is currently sitting about $ 103,800 - the highest price since Sunday.

The Federal Reserve's decision to abandon prices this month follows pressure from Trump last week. At the annual meeting of the World Economic Forum in Davos, Switzerland, Trump promised "demand" lower interest rates for each. Associated Press.

Powell refused to comment on what Trump said last week during a press conference, explaining that he would not be "suitable for me." He added that he had no contact with the president since he took office recently.

Inflation has decreased dramatically from its peak by 9.1 % in 2022, but it is still recorded by 2.9 % in 12 months to December, according to Government snapshot Issued earlier this month. However, printing helped calm tensions in inflation after an explosion Junction Report.

As Bitcoin's price dropped to less than 90,000 dollars about two weeks ago, some economists believed that the Federal Reserve Reducing campaign had ended, Indicate To the power in the American economy. Minutes before the Federal Reserve decision on Wednesday, traders expected a 28 % chance to reduce the interest rate in March, each CME Fedwatch.

The Personal Consumption Expenditure Index, the Federal Reserve's favorite inflation scale, increased by 2.4 % annually in November. When the Friday update is released, the index is expected to show an annual increase by 2.6 %, according to Trading economics.

Edit Andrew Hayouard