Friday, 30 September 2022 | The Latest Buzz for the Appraisal Industry

Fed Raises Nominal Interest Rate by 0.75%

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 Raises Nominal Interest Rate by 0.75% appeared first on DSNews.

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