After deploying a brutal path of massive rate hikes over the past six months, resulting in an increase of 375 basis points this year alone, the Federal Reserve’s policy setting committee voted this week to slow the rate of increase for its target rate.
Fed Downshifts Rate Hikes, but No Pivot in Sight
Central Bank Raises Rates by Half a Point, More Expected To Follow in 2023
CoStar Analytics
December 14, 2022 | 10:58 P.M.
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