What a Federal Reserve quarter-point interest rate hike means for you
The Federal Reserve raised the target federal funds rate for the eighth time in a row on Wednesday, in its continued effort to tame persistent inflation. At its latest meeting, the…
What another major rate hike by the Federal Reserve means to you
What the federal funds rate means to you The federal funds rate, which is set by the U.S. central bank, is the interest rate at which banks borrow and lend…





