---
title: "Discussion on \"Powell trying to be Volcker\" | Hashnode"
description: "Discussion on \"Powell trying to be Volcker\". Everyone has a dream!\nFed lifted its benchmark federal funds rate from near zero to a range between 4.5% and 4.75%, a level last reached in 2007. That extends the central bank’s most rapid pace of rate increases since the early 1980s to fight inflati..."
url: "https://hashnode.com/posts/powell-trying-to-be-volcker/63e4fd92e9a8a9d6de2a7540"
---

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# [Powell trying to be Volcker](https://samvolton.hashnode.dev/powell-trying-to-be-volcker?utm_source=hashnode&utm_medium=feed)

Everyone has a dream! Fed lifted its benchmark federal funds rate from near zero to a range between 4.5% and 4.75%, a level last reached in 2007. That extends the central bank’s most rapid pace of rate increases since the early 1980s to fight inflati...

Feb 9, 2023 · 5 min read · samvolton.hashnode.dev  
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-   [#economy-finance-powell-fed-bitcoin-stocks-money-markets-substack-newsletter](https://hashnode.com/tag/economy-finance-powell-fed-bitcoin-stocks-money-markets-substack-newsletter)

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