NEWS ROUNDUP: Fed Raises Rates and BTC Tumbles With Markets ep255
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The Fed Just Raised Interest Rates by 50 Basis Points
The fed just raised interest rates by 50 basis points, the most since the year two thousand. They said that 75 base basis points is likely off the table for any future hikes. Yet, c p i is at eight point five%, which understates inflation because it doesn't take into account things like most people wanting to own a home and that being a thing that should be included there.
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