The FED didn't freeze the Federal Funds Rate.

in #fed • 2 years ago

They expanded 25 bp of the rate. The Jerome Powell opened an entryway to stop the rate increment in June. It's uplifting news for the crypto market. I'm anticipating the late spring rally this year.

Since the FED expanded 25 bp, more nearby banks and business locale will be more temperamental than now with respect to the money framework.

#fomc #economy
2 years ago in #fed by
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