The Fed and other regulators stepped in with emergency measures that seem to have stemmed immediate funding concerns, but worries linger over how deep the damage is among regional banks. #fedhikes

Silicon Valley, for instance, had to sell bonds at a loss, triggering a crisis of confidence. #fedhikes

While big banks are considered well-capitalized, smaller institutions have faced liquidity crunches due to the rapidly rising interest rates that have made otherwise safe long-term investments lose value #fedhikes

Closures of Silicon Valley Bank and Signature Bank, and capital issues at Credit Suisse and First Republic, have raised concerns of the state of the industry. #fedhikes

But the banking issues have complicated the decision-making calculus as the Fed’s pace of tightening has contributed to liquidity problems. #fedhikes

Markets had been closely watching the decision, which came with a higher degree of uncertainty than is typical for Fed moves. #fedhikes

The statement eliminated all references to the impact of Russia’s invasion of Ukraine #fedhikes

The rate sets what banks charge each other for overnight lending but feeds through to a multitude of consumer debt like mortgages, auto loans and credit cards. #fedhikes

The increase takes the benchmark federal funds rate to a target range between 4.75%-5%. #fedhikes

Despite the warnings about potential implications from the banking crisis, the committee unanimously approved the rate hike. #fedhikes

The softening tone came amid a banking crisis that has raised concerns about the system’s stability. #fedhikes

That wording is a departure from previous statements which indicated “ongoing increases” would be appropriate to bring down inflation. #fedhikes

Along with its ninth hike since March 2022, the rate-setting Federal Open Market Committee noted that future increases are not assured and will depend largely on incoming data. #fedhikes

Fed hikes rates by a quarter percentage point, indicates increases are near an end #fedhikes

#FedHikes Rates Again as #Inflation Slows. What to Expect From Rising #InterestRates
https://www.cnet.com/personal-finance/banking/fed-hikes-rates-again-as-inflation-slows-what-to-expect-from-rising-interest-rates/#ftag=CADf328eec

Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside

https://news.bitcoin.com/gold-clearly-turned-bearish-societe-generale-td-securities-strategists-downside/

#TDSecuritiesstrategists #Russiangoldimports #NeilsChristensen #GoldBearMarket #MarketUpdates #cryptoeconomy #DominicFrisby #leveragedgold #GoldDownturn #MarketUpdate #TDSecurities #goldbearish #OunceofGold #SilverPrice #BearMarket #goldprice #Investors #fedhikes #finegold #Russia