The Federal Open Market Federation (FOMC) announced a 0.25% increase in interest rates at its February meeting, while the login password market reacted. In addition, the market is widely expected to raise interest rates by 25 basis points, marking a slowdown after a series of 75 basis points in previous months. The announcement comes as senior Fed officials are working to reduce their overall inflation target to 2%. This means that tightening the liquidity screws in economic development is a top priority.

A new round of interest rate hikes will raise the existing 4.25% to 4.50% interest rate range to 4.50% to 4.75%. As you may recall, more than 99% of supporters focused on raising interest rates by 25 basis points at the Federal Open Market Association meeting. But the central bank hinted that it would raise interest rates further in the coming months. In addition, inflation has eased to some extent, but it continues to rise.

Does the Fed raise interest rates at its meeting and take a fancy to the data encryption market?

In the hours before the Fed meeting announced its confirmation, there was a high level of uncertainty in the login password market. In addition, the US stock index (DXY) also lost money, down 0.31 per cent from yesterday. According to the CoinGape price tracking organization, as of this writing, the price of BTC (BTC) is $23037, down 0.63% in the past 24 hours.

From a more comprehensive point of view, the decision to increase by 25 basis points according to market estimates not only means an increase in the natural environment, but also leads to net positive conclusions for potential investors. The slowdown of interest rate hikes essentially means more liquidity in the economy, which in turn means that a large amount of money is suitable for project investment. However, with the growing anxiety about inflation in the United States, the rising cost of living should also be taken into account.

Jerome Jerome of the Federal Reserve will release his comments on the economic situation at the press conference.