Fed rate decision without a cut: “Inflation remains elevated”

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The US central bank leaves the target range at 3.75 to 4 percent and still calls inflation elevated. Two of the twelve voting members wanted to raise the rate, which shifts the frame for the crypto market until December 9.The US central bank left its benchmark rate unchanged on October 28, 2026. The target range for the fed funds rate stays at 3.75 to 4 percent. What stands out is not the decision itself but how it came about: two of the twelve voting members dissented, and both wanted to raise the rate rather than cut it. Anyone who spent recent months betting that cheaper money would support the crypto market from below has to reorder that expectation. The target range stays at 3.75 to 4 percent The Federal Open Market Committee, or FOMC, sets the range within which the overnight rate between American banks is meant to trade. Since the decision that range remains at 3.75 to 4 percent, written by the central bank as “3-3/4 to 4 percent”. For investors it is the benchmark agains...