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by jimbob45 1510 days ago
Can anyone please explain why the graph shows a 0.25% rate increase, yet the headline describes a 0.5% rate increase? I'm sure I'm being a moron and missing something.
1 comments
rufus_foreman 1510 days ago
The Fed funds target rate is a range. It was previously a range of 0.25% to 0.5%. After the .5% rate increase, the range is now 0.75% to 1%.

That's what the (confusing) 0.75% to 1% label in the graph is indicating.

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