The Federal Reserve approved its third consecutive interest-rate rise of 0.75 percentage point as the central bank continues to fight high inflation. Photo: Sarah Silbiger/Bloombergin decades.
Investors, especially in stocks, are probably too complacent.by three quarters of a percentage point, to a range of 3% to 3.25%, as expected. Fed policy makers’ projections for rates at the end of this year also rose: Their median forecast is now that the federal-funds rate will reach 4.4% by then.
AaronBack Yes, and they're going to raise them again in November. Probably 75 BPS but perhaps 100.
kenklippenstein AaronBack Ummmm… maybe because we haven’t had such concerning issues with price stability in decades?
AaronBack Corrupt trump would have fired chairman of fed reserve by now. Look at the explosion of federal deficit under TrumpCrimeFamily
AaronBack The government of Iran is a tyrant and a rebel who massacres its people in the streets. Be the voice of the people حکومت ایران ظالم و یاغی است که مردم خود را درخیابان قتل عام میکند صدای مردم باشید اشنویه OpIran Mehsa_Amini
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