Fed Hikes Rates As Inflation Rages While Pescadero Surf Stays Solid Overhead
Federal Reserve officials raised interest rates by 25 basis points to combat stubborn global inflation, causing widespread panic across Wall Street trading desks. Meanwhile, down in Baja, retired tech executives floating in the warm waters of Pescadero briefly wondered if the guacamole at the beach shack went up another ten pesos before catching another glassy right-hander.