Fed rate hike
Consumers can expect interest rates. Before the Great Recession of 2007-2009 Fed rates got as high as 525. Too Soon To Price In A Sept Fed Hike Investors Think Maybe Investors Too Soon Price Reuters -The US. . The Federal Reserve building is pictured in Washington DC US August 22. In June the Fed raised rates by 75 basis points the highest increase since 1994. The increase was the third interest rate hike of 2022 and pushed the federal funds target range from 15 to 175. For context the Fed raised rates to 237 during the peak of the last rate-hiking cycle in late 2018. Fed hikes its benchmark interest rate by 075 percentage point the biggest increase since 1994. 16 hours agoSo Wednesdays 075 percentage-point hike means an extra 75 of interest for every 10000 in debt. Rate futures traders continue to expect a 75 basis-point hike this month. The Fed penciled in a 325-35 percent federal funds rate by the end of...