The U.S. Federal Reserve is treading carefully with raising rates amid the widespread economic, macro and geopolitical uncertainties sweeping around the world. The Fed raised its target level as high as 20% in the early 1980s to deal with runaway inflation, but we're a far cry from that today — a time when inflation threatens to skyrocket in a similar manner.
A History Of The Last Four Fed Rate Hiking Cycles
In nine of the last 14 years, including from March 2020 to March 2022, the Fed's target rate was at zero, leaving the central bank few tools to deal with the...
