RenewablesGC Weekly Newsletter




NEWS

Latest news as of March 29, 2023 (11:00 AM PST)

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ECONOMIC & POLICY IMPLICATIONS

Fed increases interest rate by 0.25%

Last week, the Federal Reserve approved its ninth-consecutive interest rate hike, bringing the benchmark federal-funds rate to between 4.75% and 5%. However, the Fed suggested greater uncertainty in future rates due to the recent banking crisis.

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