#bankrate — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bankrate, aggregated by home.social.
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JPMorgan Boss Warns ‘Everyone Should Be Prepared’ for Interest Rates ‘Going Higher From Here’ - JPMorgan Chase, the largest bank in the United States, held its investor day event... - https://news.bitcoin.com/jpmorgan-boss-warns-everyone-should-be-prepared-for-interest-rates-going-higher-from-here/ #commercialrealestate #americaslargestbank #charliemunger #interestrates #jpmorganchase #creditcrunch #investorsday #jamiedimon #succession #economics #investors #bankrate #jpmorgan #fedrate
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“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