Near-term Macro-Economic Update
Macro-Economic Update In 10 of the last 12 Federal Open Market Committee (FOMC) meetings, the Fed has raised the federal funds rate. This base rate was 0.25 to 0.50 percent at the beginning of 2022 and is now 5.00 to 5.25 percent. However, despite a long string of rate hikes, Fed Chair Jerome Powell announced […]
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