Th 17/9 | Daily Crypto & Macro News
Happy Thursday all!
If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
The Federal Reserve raised interest rates by 25 basis points to a range of 3.75-4.00%, the first hike since 2023. Officials signaled at least one more 25 bps increase before year-end.
Traders added to bets on two more Fed rate hikes by year-end, while Goldman Sachs expects another 25 bps hike in October.
President Trump criticized the Fed for the hike, saying interest rates should be 1% or less, and said inflation is too high.
The House Ways and Means Committee…
The skinny
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