China Automakers Seek Stability, Factory Rumors, Mexico, Nio, VW, FOMC (03.22.23)
Tesla Daily: Tesla News & Analysis
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The Fed Raised Rates 25 Basis Points
The Fed today did raise rates 25 basis points as most expected that raised the target rate to 4.75% to 5%. The median expectation from committee members would be for another 25 basis point increase at some point this year. And again noted that there still haven't been really any signs of disinflation in non-housing core services so that will continue to be a category to watch closely going forward.
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