Another 75 basis points of interest rate hike! Why is the Fed more "eagle"? America's economic train heading for recession?


2022-09-23: [Chinese Article Link] As expected, the Federal Fund interest rate was pushed to 3-3.25 per cent on 21 September, the highest level since the beginning of 2008, with a third significant increase of 75 basis points. This is the Federal Reserve’s fifth increase in interest since this year, with a cumulative increase of…


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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Another 75 basis points of interest rate hike! Why is the Fed more "eagle"? America's economic train heading for recession?


2022-09-23: [Article Link] As expected, the Federal Fund interest rate was pushed to 3-3.25 per cent on 21 September, the highest level since the beginning of 2008, with a third significant increase of 75 basis points. This is the Federal Reserve’s fifth increase in interest since this year, with a cumulative increase of…

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.