Fed Stands Pat: Inflation Concerns Drive Market Uncertainty

The Federal Reserve held interest rates steady at 4.25%-4.5% during its July meeting, citing persistent inflation as a key reason for the decision. While some see it as a sign of commitment to combating inflation, others are expressing concern about market liquidity and potential future rate changes. The Fed’s actions have sparked mixed reactions across various markets. Bitcoin has seen relatively stable price action following the announcement, trading around $113,341 with minor fluctuations.