Markets dipping slightly on the longer term outlook that came with the announcement. From USA Today:
"But the central back forecast another three-quarter point in rate increases next year, more than it previously estimated. Fed officials are thus signaling they believe inflation is still too high and aren’t backing off their hard-nosed battle to subdue it despite growing recession risks. In a statement after a two-day meeting, the Fed reiterated that “ongoing (rate) increases…will be appropriate” to bring down yearly inflation to the Fed’s 2% goal. Some economists reckoned the Fed instead would say “additional increases” would be needed, signaling the Fed is close to winding down the hiking cycle."
In terms of Bitcoin, a song comes to mind, and it's that Dylan one called Jack of Hearts, and in particular, "anyone with any sense had already left town."
This place could always use a little more Bob…
Good one for SBF, the Love and Theft Album. He and his bespectacled goddess with the milky white thighs.