The article discusses the Federal Reserve’s decision to maintain its current monetary policy and keep interest rates unchanged. However, Fed officials have revised their projections for next year, expecting a higher interest rate and stronger economic growth. The next FOMC policy meeting is scheduled for early November. The article also mentions the decrease in the global crypto market capitalization and provides comments from an expert predicting a potential uptrend in Bitcoin. Despite positive remarks on inflation by Powell, Bitcoin, Ethereum, and Dogecoin are heading lower.
AI Sentiment: Negative
