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US interest rates are rising again. Historical measure of increase

US interest rates are rising again.  Historical measure of increase
  • The historical rise in the interest rate to counteract rapidly rising inflation. The Federal Reserve has shown that it is determined to fight it
  • This is the biggest interest rate hike. In the US since Alan Greenspan was chair of the Federal Reserve in 1994. In the last two meetings, the Fed has raised interest rates. by 25 basis points and 50 basis points, respectively.
  • Expectations of further interest rate increases were also presented
  • You can find more of this information on the Onet homepage

Although the market initially expected a 50 basis point rate hike, along with the Fed’s decision approaching, it was more and more in favor of seeing a 75 basis point rate hike.

For the Federal Reserve, this rally is unprecedented and shows how determined it is To combat inflation, its reading for May beat analysts’ expectations. The estimated preliminary inflation rate for the US CPI in May was 8.6%. every year. This is a slightly higher than expected result, as economists have assumed that the price index will rise by 8.2-8.3%.

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