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Further Rate Hike by Fed?
Goldman Sach's analyst did not expect rate hike in March due to recent bank collapses in USA. The Fed went ahead with 0.25% hike this month. I think Fed has to do what they have to do. Else there might be a risk to hyperinflation which happened to the Venezuela that rendered cash worthless.
Inflation has greater impact on the low and middle-class income. USA has to rein in inflation else it might lead to hyper inflation which affects everyone. %
Image from Wikipedia. Venezuelan migrants in Bogotá selling crafts made of worthless Venezuelan banknotes in November 2019
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