Is The Fed Finally Winding Down Its Fight Against Inflation? ...Middle East

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Is The Fed Finally Winding Down Its Fight Against Inflation?
source : OILPRICE ( Middle East ) () 21
Is the Federal Reserve easing off the accelerator on its inflation fight? The answer depends on whether you believe your eyes or your ears. Our eyes tell us the Fed is slowing down on rate hikes. After easing back from a 75 basis point hike in November to a 50 basis point hike in December, the Federal Open Market Committee (FOMC) delivered an even smaller 25 basis point hike at its February meeting. With the most recent rate increase, the target range for the federal funds rate is between 4.5 and 4.75%. A quarter-percent rate hike was widely anticipated.…

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