🚨 THREAD: Fed's Bombshell Update: Everything You Need to Know in a Flash! 🔥 Given the circumstances, America plays a pivotal role in global macroeconomics, influencing capital flows and market movements, including the cryptocurrency sector Rate Hike Decision: The Federal Reserve decided not to hike rates in September. Since March 2022, the central bank has raised its benchmark borrowing rate 11 times. This has impacted consumers as yields on savings and loans have increased.