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Doc, about interest rate hikes
Posted on: February 3, 2023 at 13:31:24 CT
90Tiger STL
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https://www.cbsnews.com/news/federal-reserve-raises-interest-rates-0-25-percentage-point-2023-02-01/#:~:text=The%20Fed%20has%20been%20rapidly,the%20economy%20into%20a%20recession.
The Fed has been rapidly hiking rates since March of 2022 in a bid to snuff out persistent inflation. High interest rates slow the economy by making it more expensive for consumers and businesses to borrow money. However, policy makers worry that raising rates too high could tip the economy into a recession.
https://www.kiplinger.com/investing/fed-raises-interest-rates-yet-again-what-the-experts-are-saying#:~:text=The%20central%20bank%20has%20been,somewhat%20softened%20its%20hawkish%20stance.
The central bank has been raising borrowing costs at the fastest and steepest pace since the early 1980s in a bid to tame the worst inflation seen in four decades. But with inflation appearing to have peaked in 2022, the Fed has somewhat softened its hawkish stance.
Edited by 90Tiger at 13:32:11 on 02/03/23
The Fed has been rapidly hiking rates since March of 2022 in a bid to snuff out persistent inflation. High interest rates slow the economy by making it more expensive for consumers and businesses to borrow money. However, policy makers worry that raising rates too high could tip the economy into a recession.
https://www.kiplinger.com/investing/fed-raises-interest-rates-yet-again-what-the-experts-are-saying#:~:text=The%20central%20bank%20has%20been,somewhat%20softened%20its%20hawkish%20stance.
The central bank has been raising borrowing costs at the fastest and steepest pace since the early 1980s in a bid to tame the worst inflation seen in four decades. But with inflation appearing to have peaked in 2022, the Fed has somewhat softened its hawkish stance.
Edited by 90Tiger at 13:32:11 on 02/03/23
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Doc, about interest rate hikes - 90Tiger STL - 2/3 13:31:24