Fed raised the rates by 50 basis points; how high the fed rate could go?
Federal Reserve raised the interest rate by 50 basis points to 4-1/4 to 4-1/2 percent given the stubbornly high Inflation, lower unemployment, and broad price pressure due to supply imbalance between aggregate demand and supply. Recent employment and inflation data have zigged and zagged in many directions this year. In some months, data came …
Fed raised the rates by 50 basis points; how high the fed rate could go? Read More »