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Fed raises rates by 25 basis points in first hike since July 2023

The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.

· 1 min read · 72 words · via CoinDesk

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Wire briefing

The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.

Source: CoinDesk. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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