Market Wrap Recap – The Short-Term Lending Rate Is Now 5%

Earlier this week, the Federal Reserve raised interest rates another 25 basis points bringing the front end of the short-term lending rate to 5%. However, the focus was on Fed Chair Powel’s statement. He softened his rhetoric around future lending rate hikes, indicating a pause may be warranted.   The Fed has repeatedly said they [...] The post Market Wrap Recap – The Short-Term Lending Rate Is Now 5% appeared first on ETF Trends .