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Markets react to Fed's July interest rate decision
['Anand Sinha', 'July', 'Min Read']
Yahoo Finance
On July 29, the Federal Reserve announced its decision on interest rates following its two-day policy meeting.
As expected, the central bank decided to keep the benchmark interest rate unchanged in the 3.50%-3.75% range.
Earlier, President Donald Trump called Warsh "fantastic" and reiterated that the Fed should lower the rates, "He wants to do the right thing.
The president said,"We should have the lowest interest rate in the world, like it used to be 30 years ago."
Trending on TheStreet Roundtable:Bitcoin, XRP react to FOMC decisionFollowing the Federal Open Market Committee's (FOMC) latest interest rate decision, Bitcoin (BTC) and XRP were trading at $64,268.33 and $1.08 at the time of writing.