In its second meeting of the year, the Federal Open Market Committee (FOMC) raised the federal funds rate by 25 basis points, marking one year of consistent rate increases.
This most recent announcement sent investors into a frenzy, with many panic-selling their investments to avoid incurring fed-induced losses. For investors who can’t stomach the roller coaster that is investing in the stock market in a high-inflation environment, they’re turning to safe haven assets like treasury bills—and it may pay off in the short-term.
