FED HIKES INTEREST RATES

Good Morning.

I'm Phil and today I'll take you through everything that happened with the fed. Let's dive in...

Executive Recap
⧒ The Federal Reserve increased the federal funds rate by 0.25%
⧒ The move is intended to temper economic overheating and maintain price stability.
⧒ Market reactions have been mixed, with some analysts predicting further rate increases in the near future.

What to Watch
⧒ The impact of the rate hike on consumer borrowing costs
⧒ Future Federal Reserve policy decisions
⧒ Congressional responses and potential legislative actions

So, that's this weeks rundown. My name is Phil and it was a pleasure to debrief you this morning.

⧒ Perspective

Editor: Phil

Subject: Federal Reserve

Key Subjects: Jerome Powel/Federal Reserve