The Federal Reserve in 2025 is in the midst of a rate ... hiking cycle and currently sit near a record low, as the Apollo chart shows below: The rate hikes – 11 in total – did hurt households ...

To underline the point, the chart below outlines changes in the Fed's projections (for both 2025 and 2026) from September to December. Policymakers have moved little in their projections for ...

As shown in the chart above, the market's reaction to the latest Fed statement is part of a longer-term process of lowered rate-cut expectations over the past several months, largely starting with ...