Fed Shifts to a Reactive Stance; GreaterLending Consistency May Be Coming
- raymondpvara
- May 5, 2023
- 1 min read
Updated: May 11, 2023
Federal funds rate pushed to 16-year high. On May 3, the Federal
Open Market Committee lifted the overnight lending rate to a lower
bound of 5.0 percent, a 25-basis-point shift.

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