Breaking: FOMC Pauses Interest Rate Hikes, Bitcoin Price Stays Flat

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Adhering to the market expectation, the Federal Open Market Committee (FOMC) decided in the September 20, 2023 meeting to keep the benchmark federal funds rate steady at the current target rate of 5.25-5.50%. The committee said it intends to prioritize balancing the employment figures along with achieving the 2% inflation target. Also Read: US Fed

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Source: coingape.com

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