WorldPingUS Federal Reserve raises interest rates for the first time since 2023
Fed committee votes unanimously to raise interest rate by a quarter-percentage point to a range of 3.
Brief by WorldPing · Original reporting by The Guardian
WorldPingThe widely expected move places the U.S.
Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.
When each newsroom published on this story, oldest first — all times UTC.
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Read the full report at CoinDeskLiving hubs that keep updating as this story develops.
WorldPingFed committee votes unanimously to raise interest rate by a quarter-percentage point to a range of 3.
Brief by WorldPing · Original reporting by The Guardian
WorldPingThe Federal Reserve delivered the hike Wall Street had almost unanimously priced in.
Brief by WorldPing · Original reporting by Decrypt
The US Federal Reserve's hike decision comes on the back of persistent inflation and a broader increase in global borrowing costs. Inflation has remained stubbornly elevated, while borrowing costs around the world have moved higher.
Brief by WorldPing · Original reporting by Times of India
WorldPingThe Federal Reserve just did something it hadn’t done in 1,148 days: raise interest rates. The Federal Open Market Committee (FOMC) voted 12-0 to lift the federal funds target range by a quarter percentage point to 3.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingThe House Ways and Means Committee voted to advance crypto tax legislation, sending it to the House to consider.
Brief by WorldPing · Original reporting by The Block
WorldPingBitcoin, Ethereum, and XRP ETFs shed roughly $593 million combined Tuesday, their heaviest single-day drawdown since June.
Brief by WorldPing · Original reporting by Decrypt