Daily Flash | 75bps rate hike, and what it means for the market, Dogecoin Struggle but remain resilient for 13 weeks
Author:Gate.io Researcher: Peter L.
22 September 15:29
Fundamental & Technical Outlook
Macro
The Fed's forecast for rate hikes was more hawkish than expected, sending traditional equities into a spiral. The Dow Jones Industrial Average (DJIA), tech-heavy Nasdaq composite, and S&P 500 were down 0.3%, 0.8%, and 1.4%, respectively.
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