The US Federal Reserve went up 75 basis points with today’s rate decision.
According to the decision taken by the Federal Open Market Committee (FOMC), the federal funds rate will be increased to the range of 3% to 3.25%. to these ratios not reached since 2007. So much so that this rate has been around for more than two years. was at zero.
Lawrence Summers, a former US treasury secretary, said in a statement on social media, “The Federal Reserve is in a very difficult position right now. It will have to act very aggressively to improve the current financial situation.” said.
Bitcoin (BTC) price approximate after Fed announcement 19 thousand dollars traded at the level.