Bitcoin Falls As FOMC Signals Inflation Is Back, Holds Rates Steady

The Federal Reserve delivered a widely expected pause on interest rates Wednesday, holding the federal funds rate at 3.50%–3.75%. However, the decision was overshadowed by a surge in dissent and a stark warning on geopolitical risks. Perhaps, the most important takeaway from today’s FOMC is that while for months, the Fed has characterized inflation as
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