Effects of FOMC first hike in March only being felt now

by mark000

If it takes 9 months for impact of Rate Hikes to be felt then the effects fully arrive in:

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Hike date New Rate Impact arrives
3.22 50 12.22
5.22 100 2.23
6.22 175 3.23
7.22 250 4.23
9.22 325 6.23
11.22 400 8.23
12.22 450 9.23

Dear US economy, get ready for some epic body blows over and over during 2023! And if these are arriving when the recession is already underway it is going to be devastating.

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