Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases – Economics Bitcoin News - Bitcoin News

Fed chair Jerome Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage point.

On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongo… [+4775 chars]

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