To The Moon

对此，纽约联储主席威廉姆斯日前表示，近期的银行业动荡并非由美联储激进加息所致。但不可否认的是，这场美国银行业的风波暴露出美国银行系统存在压力。如何维护金融系统稳定在美国银行业危机的余波中，美联储或需要重新审视其货币政策，其面临着抗击通胀与维护金融系统稳定之间的权衡。

US market on Wed (22 Mar) traded directionlessly until 2:00pm when the FOMC meeting was over with the press conference by Mr Powell, hot on the heels. When the 0.25% interest hike was confirmed, market “reacted positively” initially. It was afterall the much anticipated 0.25% and not the much feared 0.5%. The “euphoria” proved to be short-lived as the press conference pressed on with Mr Powell further confirming that there would be no let down from the central bank in their fight to bring inflation down. Personally I think, it is commendable that the Fed Reserves provides a clear direction of where they are heading without being ambiguous. Doing so minimizes “speculations” of any sorts to be postulated by Wall Street to smoke-screen and “fool” the general public. Agree ? By The Time Market