The Probability Of A Recession Happening In The Next 12 Months Is The Highest In More Than 40 Years!
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Even The Federal Reserve Is Admitting That More Than A Million Americans Could Soon Lose Their Jobs
Economic Despair Is Rapidly Spreading As The Cost Of Living Rises To Extremely Oppressive Levels
Uranium: The Fuel for a Utopian Energy Economy
Written By Govind Bhutada
Graphics & Design
- Zack Aboulazm
Published May 8, 2023
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Updated May 8, 2023
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Comparing the Speed of Interest Rate Hikes (1988-2023)
Comparing the Speed of U.S. Interest Rate Hikes
After the latest rate hike on May 3rd, U.S. interest rates have reached levels not seen since 2007. The Federal Reserve has been aggressive with its interest rate hikes as it tries to combat sticky inflation. In fact, rates have risen nearly five percentage points (p.p.) in just 14 months.
In this graphic—inspired by a chart from Chartr—we compare both the speed and severity of current interest rate hikes to other periods of monetary tightening over the past 35 years.