Fed rate hike
1 day agoThe Federal Reserve on Wednesday enacted its second consecutive 075 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a. The rate-making Federal Open Market Committee announced the hike of 075 or 75 basis points at the conclusion of its two-day meeting.
The hike moved the benchmark short-term rate to a range of.
. 1 day agoSo Wednesdays 075 percentage-point hike means an extra 75 of interest for every 10000 in debt. So far the Feds four hikes in 2022 have increased rates by a combined 225 percentage points.
Too Soon To Price In A Sept Fed Hike Investors Think Maybe Investors Too Soon Price
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