How high can the Fed hike interest rates before a recession hits? This chart suggests a low threshold. - MarketWatch
![I find definitions of the federal funds rate stating that it can be both above and below the discount rate. Which is correct? – Education I find definitions of the federal funds rate stating that it can be both above and below the discount rate. Which is correct? – Education](https://www.frbsf.org/wp-content/uploads/sites/2/drecon_0409a.gif)
I find definitions of the federal funds rate stating that it can be both above and below the discount rate. Which is correct? – Education
![Deep Dive: Will debt and equity markets rally as the Fed funds rate rises? | S&P Global Market Intelligence Deep Dive: Will debt and equity markets rally as the Fed funds rate rises? | S&P Global Market Intelligence](https://www.snl.com/articles/411082718.jpg)