Federal Reserve meeting —
At its 4 May 2022 meeting, the Federal Reserve raised its policy rate from 0.25–0.50% to 0.75–1.00%.
Decision
hike — 0.25–0.50% to 0.75–1.00%
Key passages
the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent
the Committee decided to begin reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities on June 1
Meeting documents
Background reading
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