Fed Hikes Rates for First Time Since 2023, Suggesting Higher Interest Rates Ahead
The Federal Reserve raised interest rates by 25 basis points to 3.75%, 4.00%, marking its first increase since July 2023.
The decision was unanimous, with all 12 voting FOMC members supporting the move.
New projections show most policymakers expect another 25-basis-point hike in 2026, keeping pressure on Bitcoin and other risk assets.