Catalyst/Rational Instant Reaction & Analysis: Fed Raises Interest Rates 75 Bps
What was once (rather recently) deemed as “off the table” for the Fed this month, the FOMC today took aggressive action, announcing the largest interest rate hike since 1994 (75 bps) as they seek to combat runaway inflation. See below for insights and initial reactions from the investment management teams across the Catalyst and Rational Funds networks:
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