
BNY Mellon Pershing Insite Day One
Bloomberg Businessweek
00:00
The Fed Funds Rate - The Biggest Increase Since 19 94
Dug Duxioka is chief executive officer and partner at cavar capital partners. They've got over a billion dollars in assets under management. Dug, the headline, 75 basis point increase from j powell on the federal reserve,. The biggest hike since 19 94. So the range is now one point five % when it comes to the fed funds rate. I think the big headline though is that he does not expect moves of this size to be common.
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