On Wednesday, the Fed is expected to hike interest rates even higher to bring inflation back from levels we haven’t seen in decades. It’s a hugely consequential policy decision that will affect virtually everything in the economy.
This week, we’re going to carve out some space to explore interest rate hikes from a variety of angles. Today, that means answering the question: How does a rate hike actually work? Like, what are the mechanics?...
RSK: There you have it...not rocket science...or is it? Propulsion is the key word.
- - Volume: 10 - WEEK: 19 Date: 5/3/2022 8:12:45 AM -