Tag: central bank
The Fed Changed Strategy On Interest Rates – Here’s What It Means
The Federal Reserve just took the monetary policy equivalent of a sharp 90-degree turn. On Jan. 30, the U.S. central bank signaled that it was done raising benchmark interest rates after two years of aggressive rate hikes. As such, the Fed held its target rate steady at a range of 2.25 percent to 2.5 percent. […]
