Fed Holds Rates Steady While Baja Expats Successfully Ignore Global Monetary Policy
The Federal Reserve opted to hold benchmark interest rates steady with a chillingly persistent tightening bias, sending Wall Street into a predictable spiral of anxiety. Down on the Tropic of Cancer, however, total macroeconomic illiteracy has proven to be an effective shield against existential dread. Nobody in the local surf shack cares about tightening biases when the rights are firing and the Bohemia is this cold.