Post

What the Fed’s Moves Mean for Mortgages, Credit Cards and More

Downvote
nytimes.com/2023/12/13/business/federal-reserve-interest-rates-mortgages-car-loans.html

Policymakers at the Federal Reserve will announce their latest decision on interest rates on Wednesday, and although they are expected to keep rates steady, their assessment of the economy often moves markets, with implications for borrowers and savers.
The Fed last raised its benchmark rate, known as the federal funds rate, in July to a range of 5.25 to 5.5 percent. A series…

This story from nytimes.com was posted on 2023-12-14 by @softsky.

Comments

The Entire Business World on a Single Page. Free to Use →