On Wednesday, the Federal Reserve, the central bank of the United States, announced the decision of the Dec. 17-18 meeting of its Federal Open Market Committee (FOMC) regarding interest rates. According to the Fed’s FOMC Statement, although progress has been made on cutting inflation, it still remains higher than what they would like, which is […]
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The Fed Cuts Rates as Expected, but Hawkish 2025 Outlook Hits Crypto and U.S. Stocks Hard
