What Happens After A Fed Rate Hike?

Fasten your seatbelts, everyone—interest rates have lifted off. In June 2022, the Fed Chair Jay Powell and the FOMC voted to hike their target range by 75 basis points, to 1.50-1.75%. Marking the largest single hike since 1994, the Fed delivered investors a mixed bag of emotions—everyone wants inflation to cool off, and a higher … Continued