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Friday, March 3, 2023

Fundamental: Why rate hikes haven't affected the US economy more

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Alert Alert Mar 4, 2023, 4:25am
 
Fundamental: Why rate hikes haven't affected the US economy more
Since the Fed began raising interest rates a year ago this month, the central bank has moved more aggressively than nearly anyone expected at the time. It has raised target interest rates by 4.5 percentage points, with more to come, and shrunk its balance sheet by more than $600 billion. • But the economy remains as robust as ever, with a five-decade low in ...
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