Fed Holds Rates but Quietly Rewrites One Line. Bitcoin and Gold React

The Federal Reserve (Fed) left its benchmark interest rate unchanged at 3.75% to 4% on Wednesday. However, two of its 12 voters dissented because they wanted a quarter-point hike instead. The split keeps pressure on borrowing costs for households, companies, and investors. Higher rates make loans pricier and can pull money away from riskier assets such as stocks and Bitcoin (BTC). Fed Holds Rates, but 2 Officials Wanted a Hike Fed Governor Lisa Cook and Cleveland Fed President Beth Hammack voted against the decision, according to the Fed’s statement . Both preferred a 0.25 percentage point increase. The Fed raised rates by that amount in September, its first hike in over three years. All 12 voters backed that move.

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