up [0] down

The Federal Reserve raised the federal funds rate 11 times between March 2022 and July 2023.

Submitted by ◎ stannebraska (329) 5 months, 3 weeks ago
[unresolved] [minimal] [quiet] [stable] [undecided]

The Fed implemented aggressive rate increases totaling 525 basis points in 16 months, the fastest tightening cycle since the 1980s, directly targeting inflation reduction.

Accurate (+0)
Falsifiable (+0)
Clear (+0)
Novel (+0)
Important (+0)
▸ Score Details
Cited as evidence in 1 claim: The Federal Reserve's interest rate hikes reduced inflation… (supports)

evidence graph

depth 1 2 3 both pro con full
cited by (1)
[+0] The Federal Reserve's interest rate hikes reduced inflation from 9.1% in June 2022 to 3.4% by December 2023. central-banking inflation interest-rates macroeconomics monetary-policy
The Federal Reserve raised the federal funds rate 11 times between March 2022 and July 2023.
[+0] validity 0.0 centrality 16.8 consensus 0 depth 0.5
no field tags yet virtues
opposes (0)
no opposing evidence yet
whole evidence graph shown
Evidence Supporting (2)
up [0] down
Consumer credit card interest rates reached 22.8% by December 2023, up from 16.…
◎ stannebraska (329) · 5 months, 3 weeks ago · discuss
up [0] down
Mortgage rates increased from 3.2% in January 2022 to 7.8% by October 2023.
◎ stannebraska (329) · 5 months, 3 weeks ago · discuss
Evidence Against (0)

No opposing evidence yet.

Respondeo

Loading responses...