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theyre calling it a dovish hike when in fact policymakers are confused and cornered now the fomc voted to raise their Benchmark interest rates by 25 basis points as expected theyre continuing quantitative tightening and balance sheet runoff because of course they are the last thing the Federal Reserve or anyone there wants to do is to add more fuel to the nervousness about the banking system and the economic situation oh lets not forget considerable recession risks remain February economic data notwithstanding the fed maybe maybe looking at the situation one way the public is saying you know historically speaking banking problems like this they dont usually end with a Goldilocks perfect scenario that the FED is trying to maintain with its straight steady face but yet thats exactly what theyre doing theyre theyre trying to thread a needle between concern over whats going on in banking but not giving it too much concern not showing the public too much concern at the same time us