Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.After The U.S. Federal Reserve announced its decision to hike the benchmark interest rate by 75 basis points, marking the most significant increase since 1994, the bear market became a reality that we have to accept.
This, in turn, led to high inflation that affected the consumer index, effectively leaving people with less money to purchase goods and services.In the traditional economic theory, the decrease in the consumer index leaves the general population vulnerable amidst rising prices and increased unemployment rates.
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