Continuation of the Looming Banking Crisis and Default Risk
bitcoinglobalmacro.substack.com
The US Federal Reserve raised rates by 0.25% last week, increasing its benchmark rate to between 5% and 5.25%: the highest since 2007. Although most investors expect that this latest hike will be the last, Fed Chair Jerome Powell has left the door open for another possible hike in June, subject to incoming data.
Continuation of the Looming Banking Crisis and Default Risk
Continuation of the Looming Banking Crisis…
Continuation of the Looming Banking Crisis and Default Risk
The US Federal Reserve raised rates by 0.25% last week, increasing its benchmark rate to between 5% and 5.25%: the highest since 2007. Although most investors expect that this latest hike will be the last, Fed Chair Jerome Powell has left the door open for another possible hike in June, subject to incoming data.