Thursday, November 3, 2022

Federal Reserve Makes Fourth Large Rate Hike in a Row

Federal Reserve
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In a surprise to no one, the Federal Reserve voted on Nov. 2 to raise its target federal funds rate. The increase of 75 basis points (0.75 of a percentage point) is the sixth hike this year and the fourth-consecutive hike of that size. It puts the target federal funds rate in a range of 3.75% to 4% — the highest it’s been since 2008. It's not the usual blah, blah, blah. Click here to sign up for...



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