EconomyFed’s divided rate decision threatens Bitcoin’s comeback as December hike looms
The Federal Reserve voted 10-2 on Oct. 28 to keep its target rate range at 3.75% to 4%. Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, backing an immediate quarter-point increase. Rate-market trackers put the odds of a December hike at roughly 83% to 88%, while markets had priced in a hold.
Fed’s divided rate decision threatens Bitcoin’s comeback as December hike looms
Economy