Morning Bid: You can't handle the 'Truth'

What: The US Federal Reserve has announced a surprise rate hike of **0.75%** to combat rising inflation.
Why: The move aims to curb the current inflation rate of **4.3%**, which is above the target range of **2-3%**.
Signal: This is the fifth rate hike in the past six months, indicating a strong stance against inflation.
Target: The Fed's next meeting is scheduled for May 2026, where another rate hike is expected.
Risk: The surprise rate hike has sparked concerns about a potential recession, with economists predicting a **20%** chance of a downturn within the next year.