JUN 15. FED raise the rate by 0.75% at once in 28 years.
FED is raising the rate by 0.75%. That’s the biggest step in 28 years.
But not a big surprise at all, everyone expected this much anyway.
CLARITY was the keyword for this FOMC meeting.
FED showed the market the clarity on how they are going to control inflation and the market decided to trust FED one more time.