WorldPingThe Federal Reserve delivered the hike Wall Street had almost unanimously priced in.
This is a short WorldPing brief. The full report was published by Decrypt.
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WorldPingThe US Federal Reserve's hike decision comes on the back of persistent inflation and a broader increase in global borrowing costs. Inflation has remained stubbornly elevated, while borrowing costs around the world have moved higher.
Brief by WorldPing · Original reporting by Times of India
WorldPingThe widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingInflation has been above 2% for five years. The Fed just decided that was long enough.
Brief by WorldPing · Original reporting by Fortune
WorldPingFed committee votes unanimously to raise interest rate by a quarter-percentage point to a range of 3.
Brief by WorldPing · Original reporting by The Guardian
WorldPingBitcoin, Ethereum, and XRP ETFs shed roughly $593 million combined Tuesday, their heaviest single-day drawdown since June.
Brief by WorldPing · Original reporting by Decrypt
The 10-year Treasury note yield traded near the key 5% mark after a Federal Reserve rate increase and comments from Chairman Kevin Warsh highlighting persistent inflation risks.
Brief by WorldPing · Original reporting by CNBC World
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