Rate moves are expressed in “basis points (bps),” equal to 1/100 of a percentage point and central banks, including the Fed, typically opt for 25 basis point interest rate changes. However, more significant moves are occasionally chosen, indicating a sense of urgency. For instance, the Fed delivered multiple 50 bps and 75 bps hikes during the 2022 tightening cycle, signaling an urgency to control inflation and causing risk aversion in financial markets.
Related posts
-
Bitcoin Price (BTC) Headed to $13M Says MicroStrategy’s (MSTR) Michael Saylor
Saylor appeared unbothered by bitcoin’s recent brutal run, which saw the price tumbling to about a... -
Bitcoin to reach $13m in 21 years, Michael Saylor predicts
Michael Saylor, MicroStrategy’s executive chairman, expects Bitcoin to capture 7% of global capital in the coming... -
Bitcoin could soar by 62% if this happens: Wall Street analyst
Bitcoin price rose for three consecutive days as investors bought the dip ahead of the Donald...