#FedHODL Here The Federal Reserve has announced a 25-basis-point interest rate hike, bringing the federal funds target rate to 4.75%-5.00%. The move was widely anticipated by economists and investors.

In a statement, the Fed cited ongoing inflation concerns and a strong labor market as reasons for the rate increase. The central bank also signaled that future rate hikes may be necessary to achieve its inflation target.

The market reaction has been muted so far, with stocks and bonds showing little movement. However, the implications of this rate hike will likely be felt in the coming days and weeks. #Fed #InterestRates #economy