Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease

Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease


The Federal Open Market Committee, which sets interest rates, stated that ongoing rate increases within the target range will be appropriate, which suggests another hike could occur at the Fed’s meeting next month, albeit likely below 0.75 percentage points as some traders expected.

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