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The great math of Yahoo Finance “…the Federal Reserve, then led by Paul Volcker, jacked up interest rates by as much as three percentage points.
That's about six times the pace seen in a more typical rate-hiking cycle, where the Fed moves in 0.25 percentage-point increments.”
https://finance.yahoo.com/news/fed-upside-down-inflation-thats-212952546.html
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The great math of Yahoo Finance “…the Federal Reserve, then led by Paul Volcker, jacked up interest rates by as much as three percentage points.
That's about six times the pace seen in a more typical rate-hiking cycle, where the Fed moves in 0.25 percentage-point increments.”
https://finance.yahoo.com/news/fed-upside-down-inflation-thats-212952546.html
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