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US Federal Reserve
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.
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