The Federal Reserve Keeps Rates Unchanged, Bitcoin Reclaims $100,000 Level

The Federal Open Market Committee (FOMC) has kept the benchmark interest rate unchanged in the range of 4.25% to 4.50%. The Federal Reserve stated that despite data being affected by net export fluctuations, recent indicators show that economic activity continues to maintain strong growth momentum. The unemployment rate has stabilized at a low level, and labor market conditions remain robust. Inflation remains high. The Federal Reserve seeks to achieve its long-term goals of maximum employment and an average inflation rate of 2%. The statement noted that uncertainty about the economic outlook has increased, pointing out that economic growth faces both upside and downside risks. Fed Chair Jerome Powell will hold a press conference at 2:30 PM Eastern Time. Bitcoin's price was approximately $96,400 at the time of reporting, having risen 1.9% in the past 24 hours. K33 analysts advise investors to "wait and see" in May, believing that 2025 will differ from the past summer doldrums.