Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Falls

The Federal Reserve on Wednesday raised interest rates by 75 basis points, or three quarters of a percentage point, marking the biggest hike in 28 years, in an ongoing effort to bring down soaring inflation that has roiled the economy along with markets from stocks and bonds to cryptocurrencies.

"Overall economic activity appears to have picked up after edging down in the first quarter," the Fed statement reads."Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures."May’s Consumer Price Index

federalreserve HeleneBraunn the same wrong news, i saw BTC's price increase after had the decision

federalreserve HeleneBraunn Team Transitory wins.

federalreserve HeleneBraunn Lol anticipated? Thats odd because up until 3 days ago there was like only a 13% probability of it happening. But oh once they get three days away from the meeting date and turns out everyone was wrong and they flip their thoughts it means it was anticipated? Nah these guys 🤡

federalreserve HeleneBraunn Bitcoin instantly recovered tho

federalreserve HeleneBraunn Beware of market makers 🐳

federalreserve HeleneBraunn Boil frogs in warm water. They only care about their jobs, not their economies.

federalreserve HeleneBraunn They won’t hold be able to hold us down long before the people start booting these politicians out of office! Cryptocrash Bitcoin 🚀

federalreserve HeleneBraunn idk what interest rates do but thats great i guess

federalreserve HeleneBraunn vra verasitytech elonmusk cz_binance CryptoWizardd

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First Mover Americas: Bitcoin Slides Toward $20K in Record Losing Streak as Fed, ECB MeetThe Fed's going to hike 75 basis points today, but that's not the big central bank news. The ECB's emergency meeting to deal with the EU bond market crash suggests a waving of the white flag. liqquidity reports in this morning's First Mover Americas. Liqquidity Aridrop available now at bigest event! SHlB_AlRDROP Liqquidity Interesting.
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JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed – Economics Bitcoin NewsJPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Economy Economics Inflation This man will destroy the US economy US stocks are destroyed and close to bankruptcy Unemployment will rise soon with the bankruptcy of large US stocks, raising interest rates is futile 🚀Airdrop campaign 👉 MATICx1O
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