1. 標題：
Fed Delivers Third-Straight 0.75% Hike as Race to Restrictive Territory Heats Up
2. 來源： (公司名、網站名)
Investing.com
3. 網址： (請善用縮網址工具)
https://bit.ly/3qUDYl0
4. 內文：
Investing.com -- The Federal Reserve delivered its third consecutive 0.75% rate
increase on Wednesday and showed no sign of easing its push into restrictive ter
ritory as it battles to cool the embers of inflation.
The Federal Open Market Committee raised its benchmark rate to a range of 3% to
3.25% from 2.25% to 2.5% previously.
Following the latest rate hike, the Fed has now lifted its benchmark rate by 300
basis points, or 3% in just six months as the central bank accelerates policy t
o restrictive territory with the aim of slowing growth enough to make a meaningf
ul dent in inflation.
As well as rate hikes, the Fed’s balance sheet reduction, or quantitative tight
ening, plan is further tightening financial conditions. Earlier this month, the
Fed ramped-up the pace of QT to $95 billion a month, up from $47.5 billion in Ju
ne.
For some, the somewhat aggressive pace of tightening increases the risk of the F
ed slowing growth by too much, pushing the economy into a deep recession.
“Clearly the risk is stacked towards exacerbating the slowdown into a hard land
ing. That is by far the bigger risk at the moment, and it increases with every r
ate raise into this slowing growth environment,” Will Rhind, founder and CEO, G
raniteShares told Investing.com in an interview on Tuesday.
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