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Fed’s divided rate decision threatens Bitcoin’s comeback as December hike looms

Reported · Written up by our desk · Bitcoin

The Federal Reserve held its target range at 3.75% to 4% on Oct. 28 on a 10-2 vote. Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, favoring an immediate quarter-point hike. Rate-market trackers put the odds of a December hike between about 83% and 88%, and the market had priced in a hold… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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CryptoSlateFed’s divided rate decision threatens Bitcoin’s comeback as December hike looms

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