Fed Issues Fourth Consecutive ‘Jumbo Hike’

The Fed issued its fourth consecutive 75 basis-point rate hike, taking its Funds Rate target range to between 3.75% and 4.0%. Following the announcement of the decision, some carefully worded comments from Fed Chair Jerome Powell suggested that a slowdown in the Fed’s rate of increase may be on the horizon. Here’s everything you need to know about the rate decision. Presented by @CME Group:

Business - RSV News originally published at Business - RSV News