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Federal Reserve Hikes Rates by 25 Basis Points

by Euro Times
March 22, 2023
in Cryptocurrency
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As recently as two weeks ago, interest rate traders were evenly split on whether the Fed would raise rates by 25 or 50 basis points. Struggles within the banking system since – including the failure of a number of lenders – had traders today roughly evenly split on whether the Fed would raise by 25 basis points or stand pat, with some participants even expecting a surprise rate cut from the central bank.



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