We Have Lift-Off

The Fed raised rates last week and signaled more rate hikes

Succinct Summary:

The Fed raised rates last week and signaled that more rate increases are coming. The Fed could also start shrinking its balance sheet at its next meeting. They said that they don’t see any elevated risk of recession and the US economy remains quite strong. Omicron has mostly faded from memory in the US and consumers are back out enjoyin…