Fed holds rates at 3.75%-4% with two dissents for a quarter-point hike; Bitcoin gives back brief gain
The Federal Reserve maintained the federal funds rate at 3.75%-4%. Lisa Cook and Beth Hammack dissented, favoring a 25-basis-point increase, following September's unanimous rate hike. Bitcoin briefly gained but then gave back those gains after the announcement.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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