The Federal Reserve kept interest rates unchanged, Bitcoin and Ether consolidated in a narrow range, and funds continued to flow into ETFsThe Federal Reserve kept interest rates unchanged at Wednesday's meeting and hinted that there will be two further rate cuts this year. However, Powell said tariff-driven economic uncertainty and inflation risks continue to complicate the central bank's efforts to ease policy. The three major U.S. stock indexes oscillated near flat, Bitcoin and Ether also consolidated in a narrow range, but ETFs continued to show net inflows. The Federal Reserve will not move, and may cut interest rates by two yards in 2025 The Federal Reserve will keep interest rates unchanged at Wednesday's meeting, keeping the federal benchmark interest rate unchanged in the range of 4.25%-4.5%. While the median expectation of two rate cuts in 2025 has not changed, some officials have lowered their forecasts, according to the interest rate dot plot released this time. Seven officials now expect no rate cuts this year, up from four in March, and two others expect one rate cut this year. Officials also lowered U.S. economic growth to 1.4% in 2025 from 1.7% and raised the median inflation forecast for the end of 2025 from 2.7% to 3%. The year-end unemployment rate is expected to be 4.5%, slightly higher than the previous estimate. Powell: Tariffs will eventually push prices higher, Fed Chairman Jerome Powell told reporters after the decision that the central bank "would do well to understand where the economy might go before considering adjusting our policy stance." Powell noted that tariff hikes are likely to push prices higher, and the impact on inflation could be more persistent. Ultimately, the cost of tariffs must be borne by consumers, and we just want to observe before judging too early. Bitcoin and Ether consolidated in a narrow range, and ETFs continued to have net inflows into the top 10 cryptocurrencies by market capitalization, which almost consolidated in a small range. Bitcoin, which hit a high of around $105,500 yesterday, retreated to $103,700 in the early hours of this morning, with very limited volatility. However, Bitcoin ETFs have shown net inflows for seven consecutive days since 6/9, indicating that retail investors are still adding weight. At present, the total assets of bitcoin spot ETFs in the United States have reached $128.1 billion, accounting for 6.18% of the market capitalization of bitcoin. Ethereum ETFs have also been pouring in since 5/16, with a small net outflow in just one day, and the total assets of Ethereum spot ETFs in the United States have reached $10.05 billion, accounting for 3.32% of ETH's market capitalization. This article The Fed kept interest rates unchanged, Bitcoin and Ether consolidated in a narrow range, and funds continued to flow into ETFs It first appeared in Chain News ABMedia.