#crefc 2022

Rate Hikes, Industrial Sales, CREFC and Power DC! – Commercial Observer

It finally happened. After years of talking about it, thinking about it, making incremental moves toward it and quietly dreading it, the Fed bit the bullet and upped its benchmark interest rate by a whopping 75 basis points. (It was the largest rate hike in 28 years.) And Fed chairman Jerome Powell was pretty explicit that this wasn’t the end of the Fed’s plans to curb inflation; the rate is…