Foreign Exchange Insights and Next Week
Circumstances and Results Surrounding Previous Times When the Fed Raised Interest Rates in Increments Greater than a Quarter Percentage Point
April 10, 2022
The last federal funds rate hike to exceed 25 basis points was an increase in May 2000 that culminated a tightening cycle of 175 basis points over a period of eleven months that began in mid-1999. The cycle commenced with the perception of a heightened inflation risk. CPI inflation at the time was only 2.0%, […] More
