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Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises

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Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises

The U.S. central bank raised the main interest rate by 0.75 percentage point, as expected. Officials say they'll monitor "lags" in the impact of "cumulative" efforts so far, possibly a tip that a dovish shift is being considered.

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Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises

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Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises

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