12 ms·
> Let’s not forget the nearly unprecedented interest rate hikes by the fed almost 5 points in a year I'm not an expert in this area, but in what way is this tr
by d23 4y ago
> Let’s not forget the nearly unprecedented interest rate hikes by the fed almost 5 points in a year
I'm not an expert in this area, but in what way is this true? Interest rates are still quite low by historical standards. The 80s saw massive increases to a much higher level (approaching 20%) in a shorter amount of time. There were large jumps in the late 60s and early 70s as well.