Name: Fed Raises Rates by 75 Basis Points, Powell Says 'Ongoing Increases' Anticipated
Uploaded: 2022-11-02T20:36:12.000Z
Duration: 50 s
Description: The Federal Reserve on Wednesday raised interest rates by 75 basis points, in a move that was widely anticipated by market participants, including bitcoin (BTC) traders. "We continue to anticipate ongoing increases will be appropriate," Fed Chair Jerome Powell said.

CD20$2,024.480.70%BTC$73,441.980.55%ETH$1,999.961.21%XRP$1.321.53%SOL$81.451.60%

Fed Raises Rates by 75 Basis Points, Powell Says 'Ongoing Increases' Anticipated | CoinDesk Videos

Loading video...

CD20$2,024.480.70%BTC$73,441.980.55%ETH$1,999.961.21%XRP$1.321.53%SOL$81.451.60%

Fed Raises Rates by 75 Basis Points, Powell Says 'Ongoing Increases' Anticipated | CoinDesk Videos