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Line chart comparing the speed of interest rate hikes over cycles since 1988. The 2022 cycle is the fastest with the effective federal funds rate rising 2.36 percentage points in six months. Line chart comparing the speed of interest rate hikes over cycles since 1988. The 2022 cycle is the fastest with the effective federal funds rate rising 2.36 percentage points in six months.

Money

Comparing the Speed of U.S. Interest Rate Hikes (1988-2022)

The effective federal funds rate has risen more than two percentage points in six months. How does this compare to...