Basis Points: Increases in Short-Term Interest Rates
Georgina Walleshauser
August 4, 2022
The Federal Reserve raised interest rates again last week by 0.75%. Movements in the fed funds rate are closely related to short-term treasury rate movements. Historically and as shown in the graph below, the timing of increases to treasury interest rates has occurred leading up to (rather than following) the recent FOMC meetings when the fed fund rate hikes occur