Bitcoin, Stocks Jump on Lower Expected Interest Rate Rises – Trustnodes
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“With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,” Fed said.
They are to raise interest rates by 0.25% this March, lower than the 0.5% some expected.
Nasdaq rose further on the news to gain 3.31% with eth crossing $2,700.
Cryptocurrency
