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CryptoSlate· Gino Matos·· 1d ago

Fed holds rates steady as FOMC votes 10-2, sets repo terms that may shape Bitcoin liquidity

Original source: CryptoSlateRead original
AI brief

The Federal Reserve held its target rate at 3.75%-4% on Oct. 28, with the Federal Open Market Committee voting 10-2 in favor. The directive permits conditional Treasury-bill purchases to maintain ample reserves, a move that could influence short-term liquidity conditions affecting Bitcoin. Standing repo rate is set at 4% and reverse repo at 3.75%, with a $160 billion daily limit per counterparty.

Source: CryptoSlate · cryptoslate.com