CoinEx News: The Federal Reserve left its benchmark rate unchanged at 3.5%-3.75% on April 29 in Jerome Powell's final meeting as chair, while warning that developments in the Middle East are adding to uncertainty around the outlook. The FOMC statement said inflation remains elevated and recent global energy-price gains are a factor, while four officials dissented, underscoring an unusually divided committee. Powell also said he plans to remain on the Fed board for a period after his chair term ends and keep a low profile.

The decision keeps the near-term cut path clouded, a macro setup that can cap upside in BTC and broader crypto beta if oil-driven inflation risks keep real rates firmer for longer.