The accompanying policy statement and updated economic projections, however, took a hawkish turn. The Federal Reserve left its benchmark federal funds rate unchanged, but signaled a tilt toward hiking rates later this year. Policymakers now project higher interest rates through at least 2028, expecting stickier inflation for this year. Bitcoin and major U.S. stock indexes slipped after the decision, as investors turned their focus to new Fed Chair Kevin Warsh’s first post-meeting press conferen…
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