Breaking news: Fed October 2023 interest rate decision announced! How much is Bitcoin price?


The Fed’s October interest rate decision was left unchanged. Immediately after the decision, Bitcoin price is trading at $ 34,500.

While the developments in the Israeli-Palestinian conflict continue to be followed closely around the world, all eyes in the markets are on the monetary policy decisions to be announced by the Fed.

At its last meeting, the US Federal Reserve kept the policy rate unchanged within the expectations and kept it at 5.25-5.50 percent, the highest level in 22 years. This time, expectations were to keep the interest rate constant.

As a matter of fact, the Fed interest rate decision for October was announced as fixed.

On the other hand, analysts stated that there are still predictions that another interest rate increase may be made at the December or January meeting if the economy does not cool down as the Fed wants.


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