Fed Raises Rates by 25 Bps for First Time Since 2023 — What It Means for Bitcoin - Yahoo Finance

The Federal Reserve raised rates by 25 basis points to 3.75%–4.00%, its first hike since July 2023. The decision was unanimous, with all 12 voting FOMC members supporting the increase. New projections show most policymakers expect another 25-basis-point hike in 2026, keeping pressure on Bitcoin and other risk assets. The Federal Reserve raised interest rates by 25 basis points on Wednesday, delivering its first hike in more than three years as policymakers stepped up efforts to bring persistent inflation back toward target. The Federal Open Market Committee voted 12-0 to increase the federal funds target range from 3.50%–3.75% to 3.75%–4.00%.