Fed hikes rates by 0.25 point despite recent turmoil in the banking sector
In the lead up to all these Fed meetings, I always see plenty of articles talking about why the Fed should hold rates steady (or drop).  I still remember reading a weather article that included a random quote from the weather company CEO about interest rates.I’ve come to associate it with an attempt to will the Fed into doing what they want.Not that I know anything, but I’m wondering if the Fed is just going to keep doing it until everyone is resigned to continued increases.  The Fed won’t stop until rich people stop asking them to stop.  (Yes I know I’m probably dead wrong)