Fed Hikes by 75 bps for a Second Time

Facing the hottest cost pressures in 40 years, policymakers have lifted the target for the federal funds rate by 1.5% over the past two months—the steepest increase since the price-fighting era of Paul Volcker in the early 1980s.

By Jonnelle Marte & By Catarina Saraiva | July 27, 2022 at 04:23 PM

Federal Reserve officials raised interest rates by 75 basis points (bps) for the second straight month, and Chair Jerome Powell said another similar move is possible in the future, while he rejected speculation that the U.S. economy is in recession.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

NOT FOR REPRINT

Interest Rates

News

1 Understanding the Cost of Hedging

2 Banks Turn to Biometrics

3 7 Steps to Create a Risk-Aware Culture

4 Accelerate Pay by Synovus Bank: Easier payments, with the flip of a switch

5 JPMorgan Chase Sued over Data Breach That Exposed 450K Retirement Plan Participants

Consulting
Consulting Top Consultants 2024
June 27, 2024 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. Women of Influence (WOI) 2024
July 22, 2024 - Lake Tahoe

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Consulting
Consulting Best Firms to Work For 2024
September 12, 2024 - New York

Consulting Magazine identifies the best firms to work for in the consulting profession.
More Information

Fed Leaves Rates Unchanged

By Craig Torres | September 20, 2023

The majority of FOMC members expect to enact another rate hike before the end of this year.

Goodbye, LIBOR

By Alexandra Harris & Paula Seligson | June 29, 2023

The benchmark will have its last fixing at around 6:55 a.m. New York time on Friday, and some borrowers and lenders are still scrambling to amend contracts.

Faster Inflation Portends Higher Fed Peak Rate

By Molly Smith & Sarina Yoo | February 22, 2023

Economists now expect the federal funds rate to peak at 5.25%, vs. the 5% they expected just last month.

Faster Inflation Portends Higher Fed Peak Rate

ERP VS TMS: Why Treasury Needs a Dedicated Solution link

eBook

Sponsored by ION Treasury

ERP VS TMS: Why Treasury Needs a Dedicated Solution

Discover three crucial differences between Enterprise Resource Planning (ERP) systems and Treasury Management Systems (TMS), and why a dedicated solution is imperative for effective treasury management.

Browse More Resources ›

ISO 20022 - The New Language of Global Payments: Understanding the Industry Migration and Its Impact on the Payments Ecosystem link

White Paper

Sponsored by Treasury Intelligence Solutions Inc.

ISO 20022 - The New Language of Global Payments: Understanding the Industry Migration and Its Impact on the Payments Ecosystem

This white paper provides an in-depth analysis of the industry migration to ISO 20022 and its impact on the payments ecosystem. Explore the benefits of this shift, what your treasury needs to do to prepare, and better understand the future of global payments.

Browse More Resources ›

5 Ways Treasury Can Save Money and Boost Revenue in 2024 link

White Paper

Sponsored by Treasury Intelligence Solutions Inc.

5 Ways Treasury Can Save Money and Boost Revenue in 2024

Elevate your treasury team’s impact with this whitepaper. You will learn strategies to manage daily liquidity, reduce transaction fees, and optimize working capital to boost revenue in 2024. Download now!

Browse More Resources ›

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

Instant Insights /

Fed Hikes by 75 bps for a Second Time

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Dig Deeper

Trending Stories

1 Understanding the Cost of Hedging

2 Banks Turn to Biometrics

3 7 Steps to Create a Risk-Aware Culture

4 Accelerate Pay by Synovus Bank: Easier payments, with the flip of a switch

5 JPMorgan Chase Sued over Data Breach That Exposed 450K Retirement Plan Participants

Events

Recommended Stories

Fed Leaves Rates Unchanged

Goodbye, LIBOR

Faster Inflation Portends Higher Fed Peak Rate

Resource Center

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!