Powell is delivering
Yesterday's 0.75 point rate hike by the Fed was clearly expected by markets. Also quite clear is that an interest rate of now 2,75% cannot compensate the loss of purchasing power (inflation ~9%).
Powell is delivering
Yesterday's 0.75 point rate hike by the Fed was clearly expected by markets. Also quite clear is that an interest rate of now 2,75% cannot compensate the loss of purchasing power (inflation ~9%).