What are Interest Rate Hikes?
Interest rate hikes, orchestrated by central banks like the Federal Reserve in the US, represent an increase in the target federal funds rate. This rate is the benchmark interest rate banks charge each other for
Interest rate hikes, orchestrated by central banks like the Federal Reserve in the US, represent an increase in the target federal funds rate. This rate is the benchmark interest rate banks charge each other for
Global inflation remains a significant concern, even as headlines focus on other geopolitical events. While the sharpest increases witnessed in 2022 have subsided in many countries, price pressures persist across the globe. The persistent upward