Fed Announces Its Interest Rate Decision - Coinleaks
Current Date:November 7, 2024

Fed Announces Its Interest Rate Decision

Federal Reserve (FED) announced the expected interest rate decision.

The Fed announced that it increased interest rates by 75 basis points. This 0.75% increase means that the largest rate hike since 1994.

After the interest was increased, the value of Bitcoin also decreased. At the time of writing, Bitcoin is trading at $20,763.

Details coming…

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