Federal Reserve Hikes Fed Funds Rate by 25 Basis Points

The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy.

Source: https://www.coindesk.com/markets/2023/07/26/federal-reserve-hikes-fed-funds-rate-by-25-basis-points/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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