The Fed raised interest rates by 0.25%, meeting market expectations. They emphasized financial stability while acknowledging that inflation and growth have slowed.
As the US Federal Reserve began raising interest rates, many investors began investing in US certificates of deposit (CDs) due to the higher relative yields being offered and also due to heightened concerns about the volatility in the bond markets.
Hello Friends, here is some great information on the SVB bank issue. ~ The Madison Poole Crew
In this month’s recap: Stocks stumbled as investors worried that the Fed would maintain its tight monetary posture due to ongoing inflation.