Inflation Continues to be the Big Monster
Ninad RamdasiCategories: Editorial, Flash News Investment App
As regards the US Federal Reserve meet, a rate hike was well factored in – the question was whether it will be 75 bps or 100 bps. Federal Reserve decided to hike the policy rate by 75 bps. With this, the federal funds rate is now in the range of 3.0-3.25 per cent, which is the highest level since 2008.
As regards the US Federal Reserve meet, a rate hike was well factored in – the question was whether it will be 75 bps or 100 bps. Federal Reserve decided to hike the policy rate by 75 bps. With this, the federal funds rate is now in the range of 3.0-3.25 per cent, which is the highest level since 2008.
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