Fed interest rate #GT# #BTC# #XRP# #ETH# #DOGE# أسعار remain unchanged after FOMC meetingThe US Federal Reserve decided again to keep interest rates unchanged following the FOMC meeting in June. This is in line with expectations that the U.S. central bank will not begin its quantitative easing program until late this year.The Fed kept interest rates unchanged following the FOMC meeting.

In a press release, the Federal Reserve announced that the committee decided to maintain the target range for the federal funds rate between 425 and 450 basis points. This marks the fourth consecutive meeting of the Federal Open Market Committee in which the Central Bank has decided not to lower interest rates.

The committee reported that the uncertainty regarding economic forecasts has diminished, but remains high. It also lowered GDP estimates for 2025 to 1.4% and raised inflation estimates to 3%. However, it is worth noting that the Federal Reserve omitted lines in its latest statement regarding the risks of rising unemployment and inflation, which is a positive sign for the market.

The Federal Reserve's decision regarding interest rates aligns with expectations, as traders bet on a slim to nonexistent chance of a rate cut at the June meeting. Now, market participants will focus their attention on Federal Reserve Chair Jerome Powell's speech to gauge the next step for the Federal Open Market Committee.

As reported by CoinGape, Jerome Powell will deliver his speech at 2:30 p.m. EDT. The Fed chairman is likely to comment on the escalating tensions in the Middle East between Israel and Iran. The hostility between the two countries has led to higher oil prices, which could lead to higher inflation.

Based on this, Powell may hint at this matter and at Trump's tariffs as a reason to keep interest rates unchanged at the Federal Open Market Committee meeting. Federal Reserve officials expect to cut interest rates twice this year, by a total of 50 basis points.