The Federal Reserve (FED) maintained the Intrerest Rate, Bitcoin and Ether are consolidating in a narrow range, and funds continue to flow into ETF.

The Federal Reserve (FED) maintained interest rates at Wednesday's meeting and hinted at two more rate cuts this year. However, Powell stated that tariff-driven economic uncertainty and inflation risks continue to complicate the Central Bank's efforts to ease policy. The three major U.S. stock indexes oscillated near the flatline, while Bitcoin and Ether also consolidated in a narrow range, but ETFs continued to show net inflows.

The Federal Reserve (FED) remains inactive, and may cut interest rates by two basis points in 2025.

The Federal Reserve (FED) maintained the interest rate at its meeting on Wednesday, keeping the federal funds rate unchanged in the range of 4.25%-4.5%.

According to the interest rate dot plot released this time, while the median expected for two rate cuts in 2025 has not changed, some officials have lowered their forecasts. Seven officials now expect no rate cuts this year, up from four in March, and two more expect to cut rates once this year. Officials also lowered U.S. economic growth to 1.4 percent in 2025 from 1.7 percent and raised their median inflation forecast for the end of 2025 to 3 percent from 2.7 percent. The unemployment rate at the end of the year is expected to be 4.5%, slightly higher than previous estimates.

Powell: Tariffs will ultimately drive up prices

The Federal Reserve Chairman Powell stated to reporters after making this decision that the Central Bank "should first understand the possible direction of the economy before considering adjustments to our policy stance."

Powell pointed out that raising tariffs could push up prices, and the impact on inflation may be more lasting.

Ultimately, the cost of tariffs must be borne by consumers, and we just want to observe a bit before making any premature judgments.

Bitcoin and Ether are consolidating in a narrow range, with continued net inflows into ETFs.

The top 10 market cap cryptocurrencies are consolidating almost in a small range. Bitcoin, which peaked at about $105,500 yesterday, retreated to $103,700 in the early hours of this morning, with limited volatility. However, Bitcoin ETFs have shown net inflows for seven consecutive days starting from 6/9, indicating that retail investors continue to increase their weight. At present, the total assets of the national Bitcoin spot ETF have reached $128.1 billion, accounting for 6.18% of the Bitcoin market capitalization.

Ether ETF has seen continuous inflows since 5/16, with a slight net outflow in just one day. Currently, the total assets of Ether spot ETFs in the U.S. have reached 10.05 billion USD, accounting for 3.32% of ETH's market value.

This article states that the Federal Reserve maintained interest rates unchanged, while Bitcoin and Ether are trading in a narrow range, with funds continuously flowing into ETFs. It first appeared on Chain News ABMedia.