Analysis: Fed Rate Could Hit 4.5% by Year’s End

On Sept. 21, the Fed not only raised its policy rate by three quarters of a percentage point, it projected that the policy rate will reach 4.4% by the end of the year in hopes of bringing inflation back in line with the Fed’s target of 2%. Read this insight from OMA Connections Partner RSM.

Creighton University economics professor Ernie Goss, who specializes in analyzing Midwest manufacturing conditions, says “stagflation” — along with a very strong dollar and weak global growth — will impact manufacturers. 9/22/2022