The Federal Reserve announced that it will be slowing down the | OnwardBTC | simple trading

The Federal Reserve announced that it will be slowing down the pace of its rate hikes and only increase them by 0.50%, signaling a potential softening in its monetary policy. The decision brings rates to a range between 4.25% and 4.50%. Fed Chair Jerome Powell indicated that he expects to keep raising rates at a slower pace over a longer period of time.

More info here:https://cryptobriefing.com/fed-pivot-powell-hikes-rates-by-only-50-basis-points/