Friday, 19 August 2022 | The Latest Buzz for the Appraisal Industry

Fed Increases Interest Rate by 75 Basis Points

On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%.  But now, in light of last weeks Consumer Price Index report which found inflation increased to 9.1% in June 2022, the …

The post Fed Increases Interest Rate by 75 Basis Points appeared first on DSNews.

Responses

Welcome

Need Help?

Our knowledge base will help you and find the answers you're looking for.