Posts Tagged ‘fed funds rate’
The Fed Rate Increases .25
The Fed announced today an interest rate hike of .25 to the Fed funds rate. This brings the Fed funds rate to 5.5%, the highest level in 22 years, as the Fed continues to fight against stubbornly sticky inflation. In commentary following the hike, Fed officials noted they’ll watch inflation and monitor the overall marketplace…
Read MoreWhat Does it Mean When the Fed Raises Rates?
Will the Fed Raise Rates? Yes, and no. On Wednesday, March 16, the Fed will take an economic action that hasn’t been seen in years when they, as expected, raise the Fed funds rate. The targeted funds rate has been set at 0-.25% for years, and next week, this is expected to change. With…
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