It is understandable for the Fed to raise rates when inflation is ticking upwards. However, inflation has been tamed in the U.S. and in our close trading partners.
Sections: u.s.
Topics: Florida Lee County Fort Myers
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06/20/2024 - 1:54 am | View Link - When will interest rates go down?
The federal funds target rate has remained at 5.25% to 5.5% since July 2023. To combat inflation, the rate was raised 11 times between March 2022 and July 2023. Inflation has receded, but the Fed ...
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