"Highly Attentive" Fed Unleashes Biggest Interest Rate-Hike Since Bursting The Dot-Com Bubble
Ready for the Great Depression 2.0
Fed raises interest rates by half a percentage point — the biggest hike in two decades
PUBLISHED WED, MAY 4 2022 2:00 PM EDT UPDATED 3 MIN AGO
Jeff Cox @JEFF.COX.7528 @JEFFCOXCNBCCOM
Fed raises rates by .50%, to .75-1%
The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point as the most aggressive step yet in its battle…
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