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coinpedia 2023-10-11 18:31:08

FOMC Meeting Flags ‘Restrictive’ Policy And High Rates Amidst Inflation Surge! Bitcoin Price Drops Toward $26,500

The post FOMC Meeting Flags ‘Restrictive’ Policy And High Rates Amidst Inflation Surge! Bitcoin Price Drops Toward $26,500 appeared first on Coinpedia Fintech News In a crucial moment, the Federal Open Market Committee (FOMC) has signaled a steadfast approach towards its ‘restrictive’ monetary policy amidst an ongoing inflation surge. The minutes from the recent meeting showed a commitment to maintaining higher interest rates for “some time” until inflation slows down. Following this news, Bitcoin price dropped toward the low …

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