Hike effects
Fed' interest rate
Dec 19,2022
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By Loansbun
Fed again hike the interest rate by 50bps to fight the inflation and also indication the rate hike again in 2023
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By Loansbun
Central Bank raise the interest rate on Wednesday and this was 5th rate hike in 2022
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By Loansbun
Now the problem is that this rate hike brings up to 4.25% - 4.5% and this is more than in 15 years
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By Loansbun
This continuous rate hike has impacted financially to the peoples of America
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By Loansbun
Loans, Mortgages, and Credit card were impacted worst by this rate hike
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By Loansbun
In November the inflation data states at 7.1% compared to October which is 7.7, The data is lower than expected. It can be a good sign.
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By Loansbun
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