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Federal Reserve Chair Announces Another 75 Point Rate Hike
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Posted On: September 22, 2022
Federal Reserve Chairman Jerome Powell announced another 75-point increase in federal interest rates today. This is the third consecutive 0.75 percentage point increase. Additionally, Fed policymakers have pledged to continue raising rates as high as 4.6% in 2023. While Powell walked through his reasoning to continue targeting inflation by lowering consumer demand, not once in […]
The post Federal Reserve Chair Announces Another 75 Point Rate Hike appeared first on The Last Refuge.
Re Posted From: Federal Reserve Chair Announces Another 75 Point Rate Hike
[BACK]
[BACK]Posted On: September 22, 2022
Federal Reserve Chairman Jerome Powell announced another 75-point increase in federal interest rates today. This is the third consecutive 0.75 percentage point increase. Additionally, Fed policymakers have pledged to continue raising rates as high as 4.6% in 2023. While Powell walked through his reasoning to continue targeting inflation by lowering consumer demand, not once in […]
The post Federal Reserve Chair Announces Another 75 Point Rate Hike appeared first on The Last Refuge.
Re Posted From: Federal Reserve Chair Announces Another 75 Point Rate Hike