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Federal Reserve Holds Rates at 3.50%-3.75% on April 30, Rare 8-4 Split Vote

GateNews
Monetary PolicyStocksIndicesForex

According to BlockBeats, on April 30, the Federal Reserve held the federal funds rate target range at 3.50%-3.75% unchanged for the third consecutive meeting, with a rare 8-4 split vote. Fed Governor Stephen Miran voted against, advocating for an immediate 25 basis point rate cut, while governors Hammack, Kashkari, and Logan opposed adding dovish language to the statement. The split vote signals deepening internal divisions between rate-cut and inflation-fighting factions within the FOMC.

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Powell will hold a press conference tomorrow morning. With it effectively certain that interest rates will not change, what should the market watch for in this Federal Reserve decision?

ChainNewsAbmedia04-29 01:54

Bank of Japan keeps interest rate at 0.75%, while a stronger Japanese yen puts pressure on Bitcoin at $76,500

Market Whisper04-29 01:09

Fed Holds Rates at 3.5%-3.75%, Powell's Final Speech May Signal Future Cuts

Crypto Frontier04-28 10:52
Comment
0/400
SharkLuffyvip
· 04-29 18:36
Bearish news
View OriginalReply0