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SCHQ - The Federal Reserve Needs To Raise Interest Rates 0.25%
Schwab Long-Term U.S. Treasury ETF
2024-04-11 09:56:08 ET
Summary
The Federal Reserve should raise their Fed funds target rate by 0.25% at their May 1 meeting.
The Fed's 2% inflation target is considered optimal for economic growth and stability.
Current interest rates are not historically high, and there is no need for a rate cut, as inflation figures are trending up and employment numbers are strong.
The latest "core" CPI index figure increased 3.8% year over year.