In a decision that was largely anticipated by market participants, including bitcoin (BTC) dealers, the Federal Reserve on Wednesday increased interest rates by 75 basis points (0.75 percentage point) to a range of 3.75 to 4 percent. Despite previous statements by central bankers suggesting otherwise, this is the fourth time in a row that the The post Breaking: US Fed Raises Interest Rates by 75 bps To Counter 40 Year High Inflation appeared first on CoinGape.
