Tag: Bank Lending

Interest Rates just went up again: what the latest Fed move means for you

Interest Rates just went up again: what the latest Fed move means for you

Eleven times in 17 months. That’s how fast the Federal Reserve has hiked its overnight bank lending rate, which directly or indirectly affects many consumer rates. The Fed’s aggressive campaign is intended to beat down inflation. And it may be working. Based on the latest reading, inflation as measured by the Consumer Price Index grew […]

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