Ford School of Public Policy Economist on What to Know About the Federal Reserve's Rate Hike
June 18, 2022
June 18, 2022
ANN ARBOR, Michigan, June 18 -- The University of Michigan's Ford School of Public Policy issued the following news:
Ford School economist John Leahy says the Federal Reserve showed "increasing urgency in both word and deed" this week, when it raised its benchmark interest rate by three-quarters of a point--the highest such hike since 1994.
Still, the professor of economics and public policy adds the central bank "is still likely behind the curve in . . .
Ford School economist John Leahy says the Federal Reserve showed "increasing urgency in both word and deed" this week, when it raised its benchmark interest rate by three-quarters of a point--the highest such hike since 1994.
Still, the professor of economics and public policy adds the central bank "is still likely behind the curve in . . .