Fed Raises Interest Rates by Half a Percentage Point

Fed Raises Interest Rates by Half a Percentage Point

Following a 25 basis point increase in March, the Fed approved a further 50 basis points increase for the federal funds target rate, the largest increase for the rate in more than two decades.

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Eye On Housing

https://eyeonhousing.org/2022/05/the-fed-commits-to-aggressive-tightening-of-monetary-policy/?_ga=2.249580358.1767329249.1651764310-541414091.1649979223