Reserve

Wednesday

Crypto assets prices drop after the Fed meeting on Wednesday. <a target="_blank" href="https://tokeninsight.com/en/coins/bitcoin/overview">$BTC</a> has once fallen below the $25,000 mark for the first time since March 17 following a hawkish Fed announcement.Federal Reserve officials paused on Wednesday following 15 months of interest-rate hikes but signaled they would likely resume tightening at some point to cool inflation.The decision left the benchmark federal funds rate in a target range of 5% to 5.25%. Fresh quarterly Fed forecasts showed borrowing costs rising to 5.6% by year end, according to the median projection, compared with 5.1% in the previous round of projections.The forecasts imply officials expect two additional quarter-point rate hikes or one half-point increase before the end of the year.Chair Jerome Powell said nearly all Fed officials expect it will be appropriate to raise interest rates “somewhat further” in 2023 to bring down inflation.&nbsp;<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>. Your trust will be well respected.

Fed Paused Rate Hikes, but Signal Two More Hikes Later this Year, Crypto Prices Drop

TokenInsight

2023년 6월 15일에 게재된 다른 기사

AI goes mainstream, billions will be poured through InQubeta and QUBE

US lawmaker nullifies benefits of Crypto; cites evasion of sanctions as the only use

Tether’s USDT Loses Dollar Peg Amidst Curve’s 3Pool Liquidity Imbalance

Polygon Launches Web3 Loyalty Program With Flipkart

Brazil Central Bank Unveils CBDC, Tokenization ‘Events’ – Digital Real Rollout Imminent?

How Reddit Went from Empowering Its Community with NFTs to Alienating It with Paid Commercial APIs

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!