[ad_1]
The crimson line is the distinction within the unfold we mentioned above. Discover to the far proper, in June 2022, the true price of curiosity was -8.3%. In different phrases, coverage was so weak, it had no impact on costs. On the time, the efficient fed funds price was near zero whereas inflation development peaked at 9.1%. So, shortly thereafter, the Fed began a sequence of aggressive price hikes to get value development again underneath management.
[ad_2]
