Fed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve’s benchmark fed funds rate range at 3.75%-4.0%.
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Summary
- The Fed raised the fed funds rate by 25 basis points to a target range of 3.75% to 4.00%, marking its first hike since July 2023.
- The move had been widely anticipated by market participants.
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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
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