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Fed Chair Powell's Comments Shift Rate Projections; Bitcoin Holds Warily

U.S. central bank Chair Jerome Powell indicates rates may need to move higher than was previously expected; risk assets decline accordingly

Updated Mar 7, 2023, 8:48 p.m. Published Mar 7, 2023, 8:48 p.m.
The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)
The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)