As expected, the Fed hiked the rate by another 75 bps today. The cumulative rate increase this year is 375 bps - the fastest in history....

The Fed raised the interest rate by 75 bps today. This brings the cumulative rate increase this year to 225 bps. With full employment,...

Actions don’t always match feelings. As confirmed by the credit card numbers in Q2 earning reports. Credit card purchases had a strong...