The Fed raises rates to 1.75%. What is its impact?
@Tiger_chat：
On Wednesday, June 15th (Eastern Daylight Time), the Federal Reserve announced after the meeting that it plans to raise its target range of Federal Funds rate from 0.75% ~1.00% to 1.5% ~1.75%. It is the first time the Fed has raised interest rates by 75 basis points in 27 years.Before the meeting, it was widely predicted that the rate hike would be 75 basis points this time. After this, the Fed will have 4 meetings on interest rates in July, September, November, and December. The market expects that by the end of this year, the Fed will raise interest rates to between 3.0%-3.5%.Reasons BehindSince the beginning of this year, inflation in the United States has been soaring:There is no doubt that the rising interest rates will bring about depression in the globa
