America’s central bank, the FED, announced that it increased interest rates by 75 basis points on 15.06.2022 at 21.00.
With the statement made by the FED at 21.00, the policy rate 75 basis pointsannounced an increase in Accordingly, the Fed 1994 It was the highest rate hike since. With this increase, the current policy rate 1.50-1.75% it happened.
In the published statement, the FED underlined that they are determined to reduce inflation. The 75 basis point increase showed their determination in this regard.
decision to increase 75 basis points 10 to 1 carried out by vote. After the US inflation data was announced as 8.6 last week, the country’s 40 years Afterwards, it was observed that it reached the highest inflation value.
In addition, it was announced in the statements made that the tightening of the balance sheet will continue and the stated strategies will continue to be implemented.
How has Bitcoin been affected?
At the time of Bitcoin news writing $20,500 trading levels. 24 hour view 7.5% Priced with a drop, bitcoin has a market cap of $400 billion.
Many analysts say that the Fed’s rate hike is already priced in with a drop to $20,000. The announcement does not appear to have caused a clear price action on Bitcoin.
15.06.2022 today time 21.30FED Chairman Powell’s speeches will provide an idea about the steps the FED will take in the coming days. You can follow the FED statements live on the Koin Bulletin.