The crypto market remains largely in the green following the federalreserve's rate hike. 'The Fed policy to control inflation is predictable. It's healthy,' 2Ragu of falconxnetwork explains. Presented by kucoincom:
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Fed raises interest rates for first time since 2018, citing high inflation, Ukraine warThe Federal Reserve raised a key interest rate by a quarter point Wednesday and signaled more hikes are planned in an effort to cool record-high inflation that is squeezing family budgets and bedeviling Democrats and the White House in the midterm election year.
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BREAKING: Bitcoin Unfazed as Fed Hikes Interest Rates for the First Time Since 2018⬇ -9 BREAKING: Bitcoin Unfazed as Fed Hikes Interest Rates for the First Time Since 2018 $BTC bitcoin
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BREAKING: Bitcoin Unfazed as Fed Hikes Interest Rates for the First Time Since 2018The Federal Reserve has raised interested rates for the first time in years
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Fed Raises Benchmark Interest Rate by 25 Basis PointsMembers of the Federal Open Market Committee said in a statement that it will raise interest rates by a quarter-percentage point, the first time the Federal Funds rate is raised since 2018.
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After Months Declining, Music Stocks Tick Up as Fed Raises Interest RateBorrowing money will become more costly, reducing businesses and consumer spending to rein in inflation.
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Understanding why the Fed will raise interest rates to fight higher pricesThe Fed is expected to raise interest rates for the first time in almost four years, hoping to get control of the highest inflation in decades. It may seem a contradiction, when everything's expensive, to make it more expensive to borrow money to pay for things. That's exactly how this problem is supposed to be fixed.
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