75 Basis Points

On Wednesday, June 15, 2022, the Federal Reserve decided to hike the interest rate by 75 basis points. Many of us–even those making this change–probably have little idea what this really means, but it sounds pretty bad when reading all the news that followed. With so much happening in the world right now, who can really predict what this 75 Basis Points will do?

Meanwhile, my latest figurative art project–Portrait of Arielle–has gone through much change–I estimate 10,000 basis points change since the beginning of the week. And, I know exactly what this means and what it will mean next week, because I am looking at it.

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