Fed Funds Rate Has Risen 5 Percentage Points Since 2022
The Federal Reserve is has hiked its benchmark interest rate to a range of 5% to 5.25%, a fresh high since 2007, from near-zero early during the height of the pandemic.
The Federal Reserve is has hiked its benchmark interest rate to a range of 5% to 5.25%, a fresh high since 2007, from near-zero early during the height of the pandemic.