The Effect of Fed Funds Rate Hikes on Consumer Borrowing Costs
Nina Boyarchenko, Sooji Kim, and Matthew Plosser The target federal funds rate has hovered around zero for nearly a decade, and observers are questioning what effect an increase could have on both the financial markets and the real economy. In this post, we examine the historical reaction of loan rates to target rate increases. Specifically, … Continue reading The Effect of Fed Funds Rate Hikes on Consumer Borrowing Costs
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed