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Fed raises rates by 25 bps in first hike since 2023
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Fed raises rates by 25 bps in first hike since 2023
The Federal Reserve unanimously raised its benchmark rate by 25 basis points to 3.75%–4%.New projections show 16 of 18 officials expect at least one more increase in 2026.Bitcoin briefly approached $76,000 after the widely expected decision.Oil above $100 and hot August inflation data helped build the case for higher rates.
2026-09-16 Source:crypto.news
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