10 instances where the Fed raised interest rates 4 or more times in a calendar year
there were 10 instances where the Fed raised interest rates 4 or more times in a calendar year. Here is a breakdown of the rate hikes, returns, and price-earnings ratios for the S&P 500 index in those years:
1963: The Fed raised rates 4 times, and the S&P 500 index had a return of 18.9%. The price-earnings ratio for the index was 18.4.
1965: The Fed raise…
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