Tuesday, 28 June 2022 | The Latest Buzz for the Appraisal Industry

Fed Makes Historic Rate Hike to Combat Inflation

Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of inflation seen since the 80s.  To put that another way, this is the largest rate hike seen since the Nov. 15, 1994 meeting of the Federal Open …

The post Fed Makes Historic Rate Hike to Combat Inflation appeared first on theMReport.com.

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