Home Others US Fed highest hike since 1994 - 0.75 percent

US Fed highest hike since 1994 – 0.75 percent

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US Fed highest hike since 1994 – 0.75 percent – in response to recent surging inflation caused by trillions US dollars ($1T in April 2020 alone) was added at the start of the Covid-19 pandemic.

In a reversal from last month when Fed Chair Jerome Powell said that officials were not “actively” considering a 75-basis-point hike and would instead go for another half-point hike, investors started pricing in the biggest rate increase since 1994 this week as markets roiled from Treasury and bond yields spike as last month’s annual inflation hit a 40-year high of 8.6% unexpectedly.

Even so, experts like futures Peter Brandt above are calling for a hike of 4% and a complete reset of the financial markets.

 

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Read more about US Fed highest hike since 1994 – 0.75 percent here https://www.npr.org/2022/06/15/1105026915/federal-reserve-interest-rates-inflation

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