The post FOMC Interest “Pause”, Bitcoin Pressured by Strong Dollar! appeared first on Coinpedia Fintech News
The Federal Open Market Committee (FOMC) is expected to announce a “pause” in interest rate hikes on Wednesday, with a 99% chance of such a move at the next meeting on September 20, according to the CME FedWatch Tool. The target range for the federal funds rate is set to stay at 5.25%–5.5%. If inflation …
