The post Fed Raises Rates by 25 bps; Hints at Further Increase in September appeared first on Coinpedia Fintech News The Federal Reserve, America’s central banking system, dropped a financial thunderbolt on Wednesday, pushing interest rates to a whopping 5.25% – 5.5%. But even as Wall Street shudders and Bitcoin shows signs of resilience, Jerome Powell, Chair of the Fed, hinted at another rate increase in the forthcoming September Federal Open Market Committee (FOMC) meeting. …