Hawkish Fed Powell Crashes Markets – Bitcoin Magazine
November 3, 2022 by keithhill530
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[ad_1] The Federal Open Markets Committee, the U.S. central bank’s body responsible for setting monetary policy, raised interest rates by 75 basis points on Wednesday for the fourth consecutive time as Federal Reserve governors attempt to battle stubborn inflation levels in the country. Jerome Powell, Chairman of the Federal Reserve and the FOMC, joined a