Fed considers impact of banking turmoil on interest rate decisions amidst inflation concerns.

The Federal Reserve is considering the impact of recent banking turmoil on its next interest rate moves, as it seeks to balance the need for economic growth with financial stability. The central bank is monitoring the situation closely and has indicated that it may adjust its policy if necessary to ensure that the financial system remains stable. The recent collapse of Archegos Capital Management and the near-collapse of Greensill Capital have raised concerns about the potential for systemic risk in the financial system.