Federal Reserve Lowers Interest Rates, Ends Balance Sheet Reduction

The Federal Reserve lowered its benchmark interest rate by 25 basis points to 3. 75–4. 00% on Wednesday, marking its second rate cut this year. The central bank said economic growth remains moderate while job gains have slowed and unemployment has edged up source: https://beincrypto.com/fed-interest-rate-cut-fomc-crypto-market-outlook/