Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11K

Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11K

Federal Reserve Chair Jerome Powell speaking at virtual press conference on Wednesday. (Federal Reserve, modified by CoinDesk)

Federal Reserve officials said Wednesday they would hold U.S. interest rates at close to zero and work to push inflation above 2% “for some time.”

Bitcoin News Roundup for Sept. 16, 2020

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