“because higher gas prices means higher inflation for longer is why it gives the FED more reason to raise rates at their next meeting on November 2nd”Reading when said
3.25%
Oct 10, 2022
Reading at close
5.5%
Oct 10, 2023
Change
+2.25 pp
The policy rate was 3.25% at the start of the window and 5.50% on Oct 10, 2023, a net change of +2.25 pp. The largest increase inside the window was 225 basis points. The stated threshold was 25 basis points.
30 days
Correct
90 days
Correct
180 days
Correct
1 year
Correct