Fed Chair Kevin Warsh says inflation is still too high and has been elevated for too long.
đ The Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%â4.00%, marking its first rate hike since 2023.
â ïž 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.
đ Markets are now watching the Fedâs next moves closely.
