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Fed raises rates by half a percentage point – the biggest hike in two decades

23 pointsby jbonniwellabout 3 years ago

3 comments

Miner49erabout 3 years ago
Stock market seems to like the news. S&P has shot up about 1.6%.
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incomingpainabout 3 years ago
When the fed starts raising, they always end up raising 6+ times. When on #2 they are raising it this much... hold onto your socks.<p>&gt;and current market pricing has the rate rising to 3%-3.25% by year’s end<p>Are you holding on tight?<p>&gt;“In addition, COVID-related lockdowns in China are likely to exacerbate supply chain disruptions. The Committee is highly attentive to inflation risks,” the statement said.<p>To debate supply vs demand side is pointless because the fed doesn&#x27;t even know.
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mrguyoramaabout 3 years ago
Maybe savings accounts and things like that will finally mean something again.
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