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.
Fed raises rates by 25 basis points in first hike since July 2023
Fed Hikes Rates for the First Time Since 2023, Bitcoin Spikes
Bitcoin Price Wobbles Before Settling After Fed Raises Rates
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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
WorldPingInflation has been above 2% for five years. The Fed just decided that was long enough.
Brief by WorldPing · Original reporting by Fortune
The 25 basis-point hike is the first raise in three years and comes before critical midterm elections in the US.
Brief by WorldPing · Original reporting by Al Jazeera
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
WorldPingBitcoin Magazine Bitcoin Price Wobbles Before Settling After Fed Raises Rates Bitcoin is down over the past week after traders had bet that the central bank would hike interest rates.
Brief by WorldPing · Original reporting by Bitcoin Magazine