On Wednesday, the Federal Reserve increased interest rates by 0.25%, continuing its efforts to combat high inflation despite concerns that these rate hikes may be contributing to instability in the banking system. This decision brings the Fed’s base policy rate...
The U.S. created a robust 263,000 new jobs in November, a historically strong pace of hiring that’s good for workers, but that also threatens to prolong a bout of high U.S. inflation.The continued rapid gains in hiring have become a big source of angst at the Federal...
Economic Market Pulse | June 18, 2022 The Fed’s larger 75 bps rate hike came as little surprise to the markets following the worse-than-expected May CPI data. The decision to raise interest rates by 75bp to 1.50-1.75%, rather than the 50bp widely telegraphed by...
