Block Inc (SQ)

[Wealthy VC]

FED hiked rates by 25bps!

Here's what we need to know:

The Federal Reserve’s interest rate decision has been widely anticipated (aka pretty obvious), with the market predicting a near-certain quarter percentage point increase. This marks the 10th hike since March 2022, bringing the benchmark borrowing rate to a target range of 5%-5.25%.

However, the real challenge for investors is gonna be determining the Fed’s next steps: will it pause rate hikes, or continue tightening if needed to combat inflation? The FED delivering a smaller rate hike, flags a possible pause in tightening cycle: https://wealthyvc.com/business-news/the-impac...sion-live/