Latest Updates: Related to Inflation

Hawkish Fed Signals Higher Peak Rate

12/14/2022

By unanimous decision, Fed officials voted to increase the overnight rate by 50 bps to a 4.25% to 4.50% target range, following four straight 75 bps hikes. Since March, the committee has raised the funds rate by a total of 425 basis points, the most aggressive tightening pace in over 40 years.

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