The Federal Reserve, like a really careful driver, is watching the economy closely before making big changes. They want to be sure everything is going well before changing interest rates. The economy is doing okay, with jobs being added and wages growing at a good pace. Inflation, which is like prices going up, is getting better but is still a little above what's ideal.
- The Fed is taking a wait-and-see approach.
- Inflation is going down but is still a bit high.
- The job market is strong.
- Interest rates are likely to stay the same.
Fact | Number |
---|---|
Current Bitcoin price | $88,300 |
Unemployment rate | 4.1% |
Inflation (January) | 2.5% |
Interest rate range | 4.25% - 4.5% |