Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

sprinkleeninow

(20,546 posts)
Wed May 3, 2023, 02:13 PM May 2023

AOL: Federal Reserve pushes interest rates above 5% for first time since 2007

The Federal Reserve's latest policy decision on Wednesday could mark the end of its rate hiking campaign, the most aggressive from the central bank since the 1...

https://www.aol.com/fed-expected-raise-interest-rates-155524427.html

? the fricken. Just launched email to the WH.
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
AOL: Federal Reserve pushes interest rates above 5% for first time since 2007 (Original Post) sprinkleeninow May 2023 OP
Reminder: prior to 2008, rates averaged between 5-7% Fiendish Thingy May 2023 #1
+1 CountAllVotes May 2023 #2

Fiendish Thingy

(18,510 posts)
1. Reminder: prior to 2008, rates averaged between 5-7%
Wed May 3, 2023, 03:15 PM
May 2023

5% is no big deal, especially with record low unemployment.

Latest Discussions»Issue Forums»Economy»AOL: Federal Reserve push...