Unicorn Bubble Bursting?? History Repeating?? The Fed Hiked The Rates This Much In 2000 At The Peak Of The Dotcom Mania — Springfields of Rejuvenation

Photo by Sebastian Herrmann on Unsplash

The Federal Reserve hiked interest rates on a band of 0.5–1 % this Wednesday. Ostensibly aimed at curbing the runaway inflation (not so high since the late 1970s), this move also brings back memories of the year 2000, when the rates were…