“The fed funds rate began the decade at a target level of 14 percent in January 1980. By the time officials concluded a conference call on Dec. 5, 1980, they hiked the target range by 2 percentage points to 19-20 percent, its highest ever.”
https://www.bankrate.com/banking/federal-reserve/history-of-federal-funds-rate/
#CarterAdministration #interestrates #fedfunds #inflation #unemployment #economy #bankrate
#carteradministration #interestrates #fedfunds #inflation #unemployment #economy #Bankrate
Americans Finding It Difficult To Pay Credit Card Dues On Time; Delinquency Rises Amid All-Time-High Interest Rates, Jan 13, 2023:"A larger number of U.S. consumers are having a tough time paying off credit card dues every month in an environment of elevated inflation, with those making lower income less likely to clear their debts while accruing greater interest payments.
Roughly 46 percent of credit card holders do not pay off their dues in full each month, according to data from Bankrate in December."
https://www.zerohedge.com/personal-finance/americans-finding-it-difficult-pay-credit-card-dues-time-delinquency-rises-amid
#NurseUp #CreditCards #Debt #Bankrate #CreditDebt #InterestRates #Credit #APRs
#aprs #credit #interestrates #CreditDebt #Bankrate #debt #creditcards #NurseUp
RT @bankofengland
The Monetary Policy Committee voted by a majority of 6-3 to increase #BankRate to 3.5%. https://b-o-e.uk/3W2MwED
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
https://news.bitcoin.com/while-official-figures-claim-turkeys-inflation-rate-is-85-third-party-stats-say-its-closer-to-200/
#InternationalMonetaryFund(IMF) #TurkishStatisticalInstitute #InflationResearchGroup(Enag) #officialinflationnumbers #EnagInflationIndex #Turkishinflation #Turkeyinflation #InflationRates #inflationrate #TayyipErdoğan #Researchers #ThirdParty #Economics #BankRate
#InternationalMonetaryFund #InflationResearchGroup #officialinflationnumbers #EnagInflationIndex #Turkishinflation #Turkeyinflation #inflationrates #inflationrate #TayyipErdoğan #researchers #thirdparty #economics #Bankrate
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
https://news.bitcoin.com/the-fed-codifies-fourth-consecutive-75bps-rate-hike-stocks-bitcoin-and-metals-rise/
#FedChairJeromePowell #interestratehikes #Fedpolicymakers #GreatDepression #GreatRecession #Cryptomarkets #interestrate #CentralBank #Economics #economics #inflation #Recession #BankRate #dowjones #RateHike #Crypto #nasdaq #S&P500 #silver #FOMC #gold #NYSE #FFR
#FedChairJeromePowell #interestratehikes #Fedpolicymakers #GreatDepression #GreatRecession #Cryptomarkets #interestrate #centralbank #economics #Inflation #Recession #Bankrate #dowjones #RateHike #crypto #nasdaq #s #silver #FOMC #Gold #NYSE #FFR
Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey
https://news.bitcoin.com/cryptocurrency-is-losing-popularity-as-investment-vehicle-in-us-according-to-bankrate-survey/
#docialmedia #Millennials #SocialMedia #millenials #Bankrate #GenXers #GenZers #Crypto #Survey #trust #News #US
#docialmedia #millennials #socialmedia #Millenials #Bankrate #GenXers #GenZers #crypto #Survey #trust #news #us
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation
https://news.bitcoin.com/federal-reserve-hikes-benchmark-bank-rate-by-75bps-to-battle-elevated-inflation/
#Inflationremainselevated #BenchmarkBankRate #FederalFundsRate #USFederalReserve #ElizabethWarren #taminginflation #FederalReserve #BenchmarkRate #USCentralBank #Bankrate.com #hotinflation #jeromepowell #Junedecision #FederalRate #JanetYellen #PaulKrugman #Economics #inflation #BankRate #JoeBiden #Russia
#Inflationremainselevated #BenchmarkBankRate #FederalFundsRate #USFederalReserve #ElizabethWarren #taminginflation #federalreserve #BenchmarkRate #USCentralBank #Bankrate #hotinflation #jeromepowell #Junedecision #FederalRate #JanetYellen #PaulKrugman #economics #Inflation #joebiden #russia
US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’
https://news.bitcoin.com/us-inflation-rate-in-august-runs-hot-at-8-3-peter-schiff-says-americas-days-of-sub-2-inflation-are-gone/
#Inflationarypressures #consumerpriceindex #marketstrategists #FederalReserve #urbanconsumers #BenchmarkRate #cryptoeconomy #inflationrate #Bankrate.com #jeromepowell #MajorIndexes #2%Inflation #MarkHamrick #PeterSchiff #USInflation #economists #Prices
#Inflationarypressures #ConsumerPriceIndex #marketstrategists #federalreserve #urbanconsumers #BenchmarkRate #cryptoeconomy #inflationrate #Bankrate #jeromepowell #MajorIndexes #MarkHamrick #peterschiff #USInflation #economists #prices
Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’
https://news.bitcoin.com/fed-hikes-benchmark-bank-rate-by-75-bps-elizabeth-warren-says-central-bank-could-trigger-a-devastating-recession/
#Inflationremainselevated #FederalFundsRate #USFederalReserve #ElizabethWarren #taminginflation #FederalReserve #BenchmarkRate #USCentralBank #Bankrate.com #hotinflation #jeromepowell #Junedecision #FederalRate #JanetYellen #PaulKrugman
#Inflationremainselevated #FederalFundsRate #USFederalReserve #ElizabethWarren #taminginflation #federalreserve #BenchmarkRate #USCentralBank #Bankrate #hotinflation #jeromepowell #Junedecision #FederalRate #JanetYellen #PaulKrugman
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’
https://news.bitcoin.com/analysts-suspect-the-fed-will-bump-federal-funds-rate-by-75-bps-next-week-others-predict-the-biggest-hike-in-decades/
#FederalFundsRate #taminginflation #FederalReserve #AlanGreenspan #ArnoldKaufman #BenchmarkRate #Standard&Poor #USCentralBank #Bankrate.com #hotinflation #Junedecision #BillClinton #FederalRate #JosephZidle #Blackstone #Economics
#FederalFundsRate #taminginflation #federalreserve #AlanGreenspan #ArnoldKaufman #BenchmarkRate #standard #USCentralBank #Bankrate #hotinflation #Junedecision #billclinton #FederalRate #JosephZidle #blackstone #economics