Fed leaves interest unchanged, Bitcoin course remains stable around $ 105,000

The US Central Bank, the Federal Reserve, has as expected decided to leave the interest untouched. The policy interest therefore remains between 4.25% and 4.5%, a decision that was already largely priced by the financial markets.

According to data from the Polymarket forecast platform, more than 98% of the participants expected in advance that there would be no interest reduction. The chance of a reduction is considered greater at the next meeting in September. At that time, around 41% of traders think that interest rates will be reduced by 25 basic points.

The Fed decision comes at a time of increasing political pressure, in particular from former President Donald Trump. Yesterday, Trump again expressed strong criticism of FED chairman Jerome Powell. He called Powell, among other things, “Dom” and accused him of harming the economy by the absence of interest rates.

Bitcoin course hardly responds

Despite the political tensions, the cryptomarkt hardly responded to the interest rate decision. The Bitcoin course Remained largely stable and fluctuates around $ 105,000. Many had expected that the explanation of the interest rate decision and the prognosis issued for the rest of the year Crypto Coersen would move, but the opposite is the case.

Now the market seems to look mainly for President Trump for direction. He is expected to make a decision in the coming days about whether the US will actively participate in the attacks on Iran. The expectation is that a decision to participate in the war (no matter how limited) will have a negative impact on the markets.

Fed shares economic prognosis

In addition to the interest rate decision, the FED also published an adapted economic prognosis. This shows, among other things:

• The expected inflation for this year has been increased to 3%.
• The growth forecast for 2025 has been reduced to 1.4%.
• Two more interest rates of 25 basic points each are expected in 2025.
• The policy interest is expected to reach 3.6% in 2026 and in 2027 at 3.4%.

The market seems to be provisionally confident in the current course of monetary policy, although in the coming months and data expenditure will be decisive for future adjustments.