The banking meltdown put the Fed in a bind | CNN Business

. The recent banking sector meltdown, triggered partially by Silicon Valley Bank crumbling under the weight of higher interest rates, has led some economists and analysts to call for a moratorium on rate hikes until the industry sorts itself out.

The predictions: The majority of investors are betting that the Fed will hike rates by a quarter point next week, though a significant minority are pricing in a pause in hikes, according to the CME FedWatch tool. Prior to the current stress in the banking sector, Fed officials were hinting that they would hike rates by half a point. Investors now think there’s a 0% chance of that happening. But Wall Street might be due for a surprise on Wednesday, say some economists.

Let’s blame those people that voted for deregulation! Trump Republicans and Kristen Sinema

CNN has no credibility

The Fed raised interest rates to curb inflation but inflation is still high. Instead, the rate hikes along with quantitative tightening has sparked bank failures. Maybe the Fed is not so smart after all.

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Fed rate hike campaign in question as bank stocks swoonThe Federal Reserve, which just last week was expected to accelerate its interest-rate-hike campaign in the face of persistent inflation, may be forced to hit pause and even reverse course as turbulence at Credit Suisse renews fears of a banking crisis that could cripple the U.S. economy. Average citizen doesn't own 'bonds' in their portfolio worth millions/billions. The risk takers took their risk its their problem IMO. Central banks should continue to raise int rate as they see fit
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