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Federal Reserve Lifts Interest Rates Another 25 Basis Points

Altszn.com by Altszn.com
February 1, 2023
in Bitcoin
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Federal Reserve Lifts Interest Rates Another 25 Basis Points
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Bitcoin is moving higher as Powell speaks, with traders taking note of the Fed chair saying, “[the] disinflationary process has started.” Powell also seemed to suggest an end to the rate hike regime was among the topics discussed at today’s meeting. Alongside bitcoin – now up to $23,450 – stocks and gold have moved into the green, while interest rates and the dollar are sliding.



Read More: www.coindesk.com

Tags: basisBitcoinBTCFederalInterestliftspointsRatesReserve
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