Fed Hikes Interest Rate By 75bps To 3.25%
FED HIKES INTEREST RATE BY 75BPS TO 3.25%
- FED members forecast another 1.25% rate hike by the end of 2022
- Powell talks about high rate for a long time and recession
- FED members see rates at 4.4% by the end of 2022, 4.6% in 2023, 3.9% in 2024
According to forecasts, the rate will stop rising from the end of 2022. Most likely, the crypto will begin a phase of active growth at that time.
Now I recommend trade both shorts and longs. For such a market, scalping and intraday trading are most useful now.