This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 17, 2022 The Federal Reserve finally took the plunge and raised rates. As expected, Fed Chair Jerome Powell led the Federal Open Market Committee to raise its benchmark interest rate target by 25 basis points. The Fed famously operates according to two mandates (actually it has three by law): price stability and maximum employment…. Source link
Read More »