What will the Fed do?

Reduce the interest rates to save the banks - and in the meantime spike inflation?

Or keep raising rates to fight inflation, yet destroy financial companies?

Stuck between a rock and a hard place on Jekyll Island.

https://www.zerohedge.com/markets/big-trouble-little-banks-bailout-sparks-buying-panic-bonds-bitcoin-bullion

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Discussion

The Fed has already changed the CPI calculation so that it’s not as bad year over year. They will clam they fixed inflation and lower interest rates, but we will still have $5 per dozen eggs.