The Federal Reserve (FED) meeting minutes bring uncertainty, encryption mining company stock prices fall.

Gate News bot news, on May 28, the meeting minutes released by The Federal Reserve (FED) showed that the uncertainty of the U.S. economic outlook is increasing, leading to a big dump in the stocks of U.S. Crypto Assets mining companies at the close, but the Crypto Assets market was not affected.

The minutes of the meeting noted: “If inflation persists while economic growth and employment prospects weaken, the committee may face difficult trade-offs.”

The Federal Reserve (FED) decided to keep interest rates unchanged at 4.25% to 4.50% after the meeting in early May. The minutes show that the reason is “the uncertainty of the economic outlook has further increased, and the risks of rising unemployment and inflation rates have risen.”

According to Google Finance data, Riot Platforms (RIOT) closed down 8.32% on May 28, CleanSpark (CLSK) fell 7.61%, and Mara Holdings closed down 9.61%.

According to the CME FedWatch tool of the Chicago Mercantile Exchange (, the Federal Reserve’s next interest rate decision will be announced on June 18, with 97.8% of market participants expecting the rate to remain unchanged.

Source: Cointelegraph