Record: The Fed raised interest rates by 25 basis points. If you're interested, think about this question: Why didn’t I share any opinions before this rate hike? No predictions about what would happen if they raised or didn’t raise rates, and no inclusion of this as a reference event? Actually, this rate hike is quite special. It’s the first hike since July 2023 and also the first rate hike since Kevin Warsh took office as Chair in May 2026. By conventional logic, this kind of 'rate hike restart' should be an important milestone.