Fed Announces Its Interest Rate Decision

TechnoPixel — 2 years ago

30 sec reading time

The Federal Reserve (FED) has announced its expected interest rate decision.

READING NOW Fed Announces Its Interest Rate Decision

Federal Reserve (FED) announced the expected interest rate decision.

The Fed announced that it increased interest rates by 75 basis points. This 0.75% increase means that the largest rate hike since 1994.

After the interest was increased, the value of Bitcoin also decreased. At the time of writing, Bitcoin is trading at $20,763.

Details coming…

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