FED Holds Rates Steady, Bitcoin Reacts to Uncertainty

The Federal Reserve (Fed) has opted to keep interest rates unchanged, in line with expectations. This decision is rooted in a complex interplay of factors including global economic uncertainty, slowing growth, and fluctuating inflation trends. The Fed’s stance highlights their concern over potential higher unemployment and further inflationary pressures. 21:30 Turkish time tomorrow (May 9th, 2025), Chairman Jerome Powell will address the press following the conclusion of the two-day monetary policy meeting.