Fed-friendly feeds: Subtle economic influence of social media

  • Posted on September 23, 2024
  • By Business News Today
  • 3 Views
Fed-friendly feeds: Subtle economic influence of social media

Between January 2022 and August 2024, the Federal Reserve executed its most aggressive interest rate increases since the 1980s, raising rates by a total of 5.25 percentage points. Remarkably, the US economy demonstrated resilience in the face of this monetary tightening, remaining stable while the S&P 500 index saw a gain exceeding 20%.
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Business News Today

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