A Historic Day On Deck: Powell Hikes, Putin Defaults

03-16-2022 • https://www.zerohedge.com by Tyler Durden

Tomorrow we get the highlight of what has already been an event-packed week, when at 2pm the Fed will hike rates for the first time since December 2018, raising the Fed Funds rate from 0% where it has been since the covid crisis to 0.25%.