Monday, 26 September 2022 | The Latest Buzz for the Appraisal Industry

Federal Reserve Continues Rate Hikes

For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their scheduled two-day meeting to a rate of 3.00-3.25%. This marks the highest interest rate in 14 years.   This marks the fifth increase this year and the …

The post Federal Reserve Continues Rate Hikes appeared first on DSNews.

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