A Financial Earthquake?

9 minutes

Just a week ago, on May 3rd the Federal Reserve Open Market Committee adjourned their latest meeting, and announced to the world that they were raising the Fed Funds rate to 5 1/4%, the highest rate since 2007. The feeling around here was, ho hum, another rate hike following a long line of hikes. Most people feeling that “at least they didn't hike rates any more.”

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Start listening to Troubles For Emerging Tech Companies
7:53
Start listening to Troubles For Emerging Tech Companies
7:53