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JP House just increased the FED funds rates by 25 basis points is now sitting at five percent is this a big deal should you worry lets have a little bit of a look yeah um it only goes for 10 minutes um some bits were pretty funny but it is boring I literally just had a nap because it put me to sleep like it is what it is but its good um if you want to watch it go for it uh you just went live uh basically hes addressed banking debacle it just happened over the past couple weeks he talks about macro um and he talks about inflation expectations and basically what the fomc is thinking about in terms of increasing cutting pausing blah blah blah blah blah I suggest watching the video however I who the wants to do that its boring so I have just cherry-picked some data and were gonna have a talk about it here we go our ranking system is sound and resilient with strong capital and we will continue to closely monitor conditions in the banking system and are prepared to use all of our tools