The U.S. Federal Reserve has decided to maintain its benchmark interest rate at 5.25-5.50%, marking the sixth consecutive time the rate has remained unchanged at its highest level since 2001. This decision aligns with market expectations and reflects the Fed's strategy to keep rates 'higher for longer' without raising them further. The central bank's stance is based on the need for greater confidence that inflation is moving sustainably towards its target, noting a 'lack of further progress' in reducing inflation. Despite ongoing inflation concerns, the Fed is not contemplating any increases at this time. Additionally, Bitcoin's price saw a slight increase following the announcement.