TLDR
In wake of the latest events, we have witnessed in the banking sector with several actors facing liquidity crunches as a result of rapid and large customer redemptions, financial markets have behaved surprisingly calm over the last week.
This is happening at a time where the Federal Reserve sticks to its course and has increased the federal funds rate by 25 basis points to a total of roughly 5% now.via the TL;DR App
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Written by ulriklykke | Author of the Bitcoin Global Macro, a newsletter focusing on digital assets, macro insights & investment ideas.
