The Federal Reserve announced that it would raise its benchmark Federal Funds Rate target range to between 0.25% and 0.50% last Wednesday in a long-awaited move seeking to combat decades-high inflation.
The move is long overdue, Marketgauge.com Partner and Director of Trading Research & Education Michele Schneider told Yahoo Finance Live in a recent segment.
“I think it should have happened already, quite honestly,” she said. “I think they should have been less concerned [with market…
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