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

The Federal Reserve (Fed) kept interest rates on hold at 3.75% to 4% on Wednesday. But two of its 12 voters wanted a hike, and they said so on the record. That split matters for anyone with a mortgage, a stock portfolio, or Bitcoin (BTC). Higher rates make borrowing costlier and can pull money out of riskier bets. The Fed also rewrote one line on inflation. In September, it said its rate move “will support a timelier return” to its 2% goal. On Wednesday, that promise was gone. Instead, the Fed said “the accumulation of more information” will help it decide what comes next.

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