Arrive as expected (3)
In 2016, interest rates were raised eight times by 25 basis points each, to 2.25% to 2.50%.
The interest rate hike cycle from 2004 to 2006 lasted 27 months, and the Federal Reserve’s benchmark interest rate increased from 1% to 5.25% (the above data is provided by Snowball)
From 2022 to May this year, interest rates were raised 10 times. The acceleration has exceeded the interest rates in 2016 and the rate of interest rate hikes in 2004.
Do you still remember what happened after the interest rate hike in 2006?
The financial tsunami of 2008, a series of events triggered by the bankruptcy of Lehman Brothers, was later rescued by QE in the United States.
I hope this recession will not be too severe. Even if we can get bloody chips, the economic recovery will be very long, and there will be many laggards in this process.
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