Fed Chair Jerome Powell on interest rate decision after FOMC meeting

The latest announcement yesterday that 75 points have been added, the interest is already 2.5%. There are still 2 meetings before the end of the year, that is, the next 2 meetings are mainly about 50 points in September and 50 points in December [total 3.5%], there is even a chance to add 25 points each, a total of 3%.

Fed Chairman Powell: We want to achieve a moderate level of tightening by the end of this year, that is, interest rates in the 3%-3.5% range.

Fed Chair Jerome Powell on interest rate decision after FOMC meeting the BTC/USDT shoot up from 21k to 23k.

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