The Fed Is Already Flashing Signs It’s Done Raising Rates
Guest post from Ryan McMaken, Editor of the Mises Wire: The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday raised the target policy interest rate (the federal funds rate) to 4.75 percent, an increase of 25 basis points. With this latest increase, the target has increased 4.5 percent since February 2022, although this latest … Read more