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Bitcoinist

2022-12-15 11:00:13

Rally For Bitcoin Stalled? Economists Don’t Believe Powell’s Hawkish Claims

Rally For Bitcoin Stalled? Economists Don’t Believe Powell’s Hawkish Claims

Yesterday’s Federal Reserve (FED) FOMC meeting turned out to be more hawkish than many Bitcoin investors and the financial market expected. As anticipated, the FED raised interest rates by 0.5 percentage points on Wednesday. This brings the interest rate to a range of 4.25-4.5%, the highest level in 15 years. However, overall, central bankers expect

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