Economic Progress

The pace of US interest rate hikes is faster than at any time in recent history. Is this creating a risk of recession?

Rapid interest rate hikes could lead to an economic downturn. Image: Unsplash/Ishant Mishra

Jenna Ross

Author, Visual Capitalist

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The interest rate hike cycle when the Federal Reserve raised rates at two or more consecutive meetings
The interest rate hike cycle when the Federal Reserve raised rates at two or more consecutive meetings Image: VisualCapitalist

Inflation rate at start of cycle interest rate hike
In Mar 2022 to Sep 2022 the inflation rate was at the highest at 6.77% Image: VisualCapitalist

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