Is the Fed changing its strategy?
On May 3, the Fed increased the federal funds rate by 25 basis points (bps), which raised the median level to 5.125%, the highest level in 16 years.
Is the Fed changing its strategy?
On May 3, the Fed increased the federal funds rate by 25 basis points (bps), which raised the median level to 5.125%, the highest level in 16 years.