As expected almost universally, the US Federal Reserve. UU. On Wednesday, on Wednesday, its constant reference feed rates 4.25%-4.5%.
In a rare deviation from the norms, two governors of the FED, Michelle Bowman and Chris Waller, disincted from the decision, preferring instead cutting rates for 25 basic points. It is the first time that two members of the Fed have disagreed with a policy decision since December 1993, according to the Carson Group market strategist Ryan Detrick.
“Although changes in net exports continue to affect the data, recent indicators suggest that the growth of economic activity was moderated in the first half of the year,” said the accompanying statement of the Fed. “The unemployment rate remains low, and the conditions of the labor market remain solid. Inflation remains somewhat high.”
Bitcoin (BTC) dropped almost 0.5% in the minutes after the decision to $ 117,400. The S&P 500 and the Nasdaq indices slide modestly from the previous profits.
In particular, a merchant named “Spice” put a bet of almost $ 1.3 million through the prediction based on Blockchain Polymket in the Fed keeping the stable interest rates, Lookonchain said Wednesday. The trainers put approximately 98% probability for that result, which means that the merchant would benefit 2 cents in every 98 cents.
However, as the decision approached, the operator reduced the position to $ 724 million, showed the Polymarket data.
Market participants now direct their attention in the comments of the president of the FED, Jerome Powell, at 2:30 pm et by signs of a possible rate cut at the next meeting in September. Powell’s preference for maintaining stable policy in recent months has been under considerable pressure from President Trump.
Before today’s events, the CME Fedwatch tool showed a probability of almost 60% for lower rates in September.
