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Economic Pulse: Week of 11/10/23

Federal Reserves is holding its lending rate constant.

In July, the FED raised its lending rate by a quarter percent. This was its 11th rate increase in 16 months, raising the rate from almost zero to 5.4%, its highest rate in 22 years.

Click here for the latest Lehigh Valley Economic Review.

Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.

(Original air-date: 11/10/23)

Dr. Kamran Afshar has a Ph.D. in Economics and has taught at graduate and under graduate levels between 1978-88. He has vast experience in economic impact studies, feasibility studies, customer satisfaction surveys, and scientific competitive analysis.
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