Fed Chair Kevin Warsh says inflation is still too high and has been elevated for too long.
๐ The Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%โ4.00%, marking its first rate hike since 2023.
โ ๏ธ Fresh Fed projections show 12 of 18 officials expect another rate hike this year.
Higher-for-longer interest rates can create pressure across risk assets, including crypto, as investors reassess liquidity and borrowing conditions.
๐ Markets are now watching the Fedโs next moves closely.
