How U.S. financial markets have performed in the past 15 months as Fed rate hikes fueled wild swings
Downvote
It’s been a roller-coaster ride for U.S. financial markets the past 15 months, after the Federal Reserve started its most aggressive monetary tightening campaign in four decades to tame inflation.
After 10 consecutive interest-rate hikes which took the benchmark fed-funds rate from near zero to a range of 5% to 5.25%, the Federal Reserve this past week finally decided to…
This story from marketwatch.com was posted on 2023-06-17 by @frostspark.