Major Fed rate hike: Where three money managers are putting their money

By Audrey Raj , editor | 5 May 2022 | 3 minutes read
Photo by Kenny Eliason on Unsplash

In its largest rate move since 2000, the US Federal Reserve on Wednesday increased its benchmark policy rate by 50bps to a range of 0.75% to 1%. In addition, it has decided to start reducing its holdings of Treasury securities and agency mortgage-backed securities from June. The move comes as the Federal Open Market Committee (FOMC) has become “highly attentive…

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