Fed Holds Rates Steady in Divided 9-3 Vote as Bitcoin Holds Near $64,000
The FOMC voted 9-3 to keep the federal funds rate at 3.5% to 3.75% on July 29.
Three regional presidents dissented in favor of a 25-basis-point increase amid elevated inflation.
Bitcoin traded around $64,250 after the decision, up about 1% on the day, with limited immediate volatility.
Analysts described the outcome as a hawkish hold, with attention shifting to the September meeting.
The Federal Reserve held its benchmark...
