Sky-high interest rates are exactly what the crypto market needs The United States Federal Reserve Open Market Committee…

Sky-high interest rates are exactly what the crypto market needs

The United States Federal Reserve Open Market Committee’s September decision on interest rates was entirely expected, with the FOMC holding rates at the current level of 5.25% to 5.5%. As also expected, the committee indicated there may be another rate hike coming this year, with Chairman Jerome Powell insisting — as usual — in his Sept. 20 press conference that the job of getting inflation back to the Fed’s 2% target is in “no way done.”

[Opinion]

https://cointelegraph.com/news/high-interest-rates-exactly-what-crypto-market-needs