FRB holds interest rates steady – points out that the risks of rising unemployment rate and rising inflation rate have increased | CoinDesk JAPAN

• The Federal Reserve Board (FRB) concluded its two-day meeting on May 7 and, as expected, kept the policy Intrerest Rate unchanged.
• The FRB stated that it aims to address the impact of Trump’s tariffs, as the risks of rising labor market and inflation have increased.
• Bitcoin (BTC) has maintained its rise at $96,600.

On May 7, the Federal Reserve Board (FRB) kept the FF Intrerest Rate range unchanged at 4.25% to 4.50%, extending the pause in monetary easing for three consecutive meetings, as most had expected.

“The uncertainty of the economic outlook is increasing further. The FRB is paying attention to the risks on both sides of its dual mandate (the two missions imposed on the FRB: maximizing employment and ensuring price stability) and has determined that the risks of rising unemployment and rising inflation are increasing,” the FRB stated in its announcement.

Bitcoin dipped below $97,000 during the day, and after the US-China trade negotiations, it narrowed the increase seen in the latter half of the 6th. Immediately after the Fed’s decision, it was trading at $96,600.

The FRB’s decision was made as policymakers try to navigate a precarious macroeconomic situation amid the Trump administration’s push for global tariff increases.

The inflation rate remains above the target level of 2%, and amid the abundance of questions regarding how tariffs will be reflected in consumer prices, the economy is showing signs of slowing down.

Market participants expect three interest rate cuts this year, and see July as the most likely meeting for the first rate cut. However, members of the Federal Reserve have clearly stated their intention to wait for the effects of tariffs to become more apparent before making a pivot.