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

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depth 1 2 3 both pro con
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. [i] 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
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supports (2)
[+0] Consumer credit card interest rates reached 22.8% by December 2023, up from 16.3% in January 2022. [i]
[+0] Mortgage rates increased from 3.2% in January 2022 to 7.8% by October 2023. [i]
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