FTX's bankruptcy in November left customers and investors facing billions of dollars of potential losses, and several of the company's executives have been charged with various types of financial fraud.
In December, inflation cooled to the slowest rate of increase in more than a year, leading some to think the Fed will raise interest rates by just 25 bps late this month.
U.S. and European investors' holdings of assets controlled by Chinese companies but issued offshore are worth nearly three times as much as direct investments in companies registered in China.
Minutes from the FOMC's December meeting include an unusually blunt warning to investors, cautioning against underestimating the Fed's will to keep interest rates high for some time.