Quick Take The Fed’s 25bps hike was expected, with a hawkish tone: “Some additional policy firming may be warranted.” That takes the fed funds rate to 5.00-5.25% — the highest level since the GFC 2008.
Quick Take The Fed’s 25bps hike was expected, with a hawkish tone: “Some additional policy firming may be warranted.” That takes the fed funds rate to 5.00-5.25% — the highest level since the GFC 2008.