![The Fed raised interest rates by 75 basis points four times this year despite chairman Jerome Powell's reassurances in May. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/74YLQBBFN5LLHBJDM4WITTUFGA.jpg?smart=true&auth=31b34bee9ca5532257fdea6fd3953241d2df42fc7857476f9e341fd93e6dd57f&width=400&height=225)
The Fed raised interest rates by 75 basis points four times this year despite chairman Jerome Powell's reassurances in May. Reuters
The Fed raised interest rates by 75 basis points four times this year despite chairman Jerome Powell's reassurances in May. Reuters
Why you shouldn’t fret over the Fed's decisions
Central banks react more than they play a causative role, with economic and market conditions driving their decisions