While the amount retrieved represents a small portion of the US$600 million worth of crypto that was swiped, the accomplishment raises hopes of recovering more of the stolen funds.
Many companies do not understand the scope of their interest rate, currency, and commodity price risks. That knowledge gap has the potential to blow up corporate planning processes.
Minutes from the FOMC's March meeting indicate the Fed is "scrambling to get policy back to neutral as quickly as they can. ... to get inflation back under control."
Even dovish FOMC members are now supporting faster and larger rate hikes—likely including a half-point increase in May and a total of more than 2 percentage points in hikes before the end of 2022.
