Fed Decision - Aiming for Stability
Recent stresses in the banking system, including episodes at Silicon Valley Bank, Signature Bank, and Credit Suisse, have put the markets on edge.
The Fed raised interest rates by 0.25%, meeting market expectations. They emphasized financial stability while acknowledging that inflation and growth have slowed.
Despite a stressful couple of weeks, the financial system was resilient. We encourage investors to look through this period of volatility and maintain discipline to their long-term investment plans.