The Fed Just Raised Rates Again: Here’s What It Means for Freight

On September 16, the Federal Open Market Committee (FOMC) raised the federal funds target range by 25 basis points to 3.75%–4.00%, its first hike after a run of cuts, citing inflation that Fed Chair Kevin Warsh called “too high and has been for too long.” Effective September 17, the Fed also moved its full set […] The post The Fed Just Raised Rates Again: Here’s What It Means for Freight appeared Read full article →