Thanks Powell - Fed hints at even more rate hikes

The Federal Reserve on Wednesday announced a .75 interest rate hike which was exactly what most analyst expected. More important than the rate hike itself was any hints as to the direction the Fed might take in the future as far as interest rates were concerned. Would they soften their stand or become even more hawkish? The markets awaited the committee's signals with great anticipation.
By cryptomasterminer

cryptomasterminer's Recent Blog Posts

Bitcoin Weekly (4/3/2023)
Bitcoin Weekly - Edition 53 In the first week of April 2022 we launched Bitcoin Weekly and we are still going strong exactly one year later... Thank you for reading each week on Monday as we look at…
1 year ago
Ethereum Weekly (3/30/23)
Ethereum (ETH) closes out the week for us today, along with the month of March, and the first quarter. Despite the volatility of the past week, Ether ended around the $1.8K mark falling just short of…
1 year ago
Bitcoin Weekly (3/20/2023)
Bitcoin (BTC) had a solid week despite another rise in interest rates last week and the agency retaining its hawkish stance focused on stopping inflation. You would expect that news to knock Bitcoin…
1 year ago
Ethereum Weekly (3/24/23)
Ethereum (ETH) had a solid week holding around $1,800, which it reached for the first time since last August, despite another rate hike from the Federal Reserve on Wednesday. Ether did drop below…
1 year ago
Bitcoin Weekly (3/20/2023)
Remember that first "Death Cross" Bitcoin hit on the technical charts a couple of weeks back? Looks like everyone forgot! Bitcoin (BTC) had a tremendous week climbing to its highest price…
1 year ago