Full Effects of Fed Hikes Not Felt Yet: Investment Officer

The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a reason. The hike pushed borrowing costs to their highest since the global financial crisis.

The rate hike is the Fed’s 11th in its last 12 meetings, the accompanying policy statement left the door open to another increase.

An investment officer gives NTD his analysis of the decision.