Another fascinating data point.
As U.S. inflation remains at multi-decade highs, the Federal Reserve has been aggressive with its interest rate hikes. In fact, rates have risen more than two percentage points in just six months.
In this graphic – which was inspired by a chart from Chartr – Visual Capitalist’s Janna Ross and Sabrina Lam compare the speed and severity of the current interest rate hikes to other periods of monetary tightening over the past 35 years.
https://www.zerohedge.com/markets/comparing-speed-us-interest-rate-hikes-1988-2022