Which is strange, because they did not in fact implement a big (or any) increase in the federal funds rate.
I also notice the article is "tagged" as if its title had been split on lowercase 's'es:
> Big tech i
> borrowing like never before and the fed ju
> T made that a lot more expen
This level of attention to detail does not exactly inspire confidence.
And they are expanding money supply like crazy and not too long ago ended quantitative tightening.
Yeah, that does look pretty low quality and doesn’t really make sense. However from what I understand it is expected for rates to increase by end of the year