TL;DR
- The Fed elected to raise base interest rates by 0.25 percentage points, sticking to the script despite financial uncertainty from the collapse of Silicon Valley Bank and Signature Bank
- AI continues to make headlines as both big and small tech companies release new products and features almost daily
- Crypto has been quietly picking up big gains, and some believe the current financial wobbles could mean it has further to run
- Top weekly and monthly trades
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Major events that could affect your portfolio
A month ago, it was all but guaranteed that the Fed would be raising rates by 0.25 percentage points in their March meeting. Some analysts were even beginning to wonder whether we’d see an increase of 0.5 percentage points, as inflation remains stubbornly high.
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