Tag Archives: Interest Rates
How The Fed’s Interest Rate Hikes Could Affect Your Finances – Heemang Parmar
[ad_1] NEW YORK (AP) — The Federal Reserve’s move Wednesday to raise its key rate by a half-point brought it to a range of 4.25% to 4.5%, the highest level in 14 years. The Fed’s latest increase — its seventh rate hike this year — will make it even costlier for consumers and businesses to…