US Fed Leaves Rates Unchanged, Crypto Rallies#BTC #BullRun #Ledger

The Federal Open Market Committee (FOMC) of the United States Federal Reserve has opted to keep its benchmark fed funds rate range at 5.25%-5.50%, as predicted by analysts. The FOMC noted the possible impact of tighter financial conditions on economic activity, hiring, and inflation in its policy statement.

The central bank's stance on risks to economic growth remained similar to its previous statement in September, indicating that future rate decisions will depend on incoming data.