How Another Fed Interest Rate Hike Impacts Your Money
It was all eyes on the Federal Reserve again this week. At Wednesday's Federal Open Market Committee meeting, the federal funds benchmark rate went up by a quarter of a percentage point, bringing the new range to 5.25% to 5.50%, the highest level in over two decades. Since early last year, the Fed…
#federalreserve #fedchair #jeromepowell #jamesallen #billpin #philneuhart #massudghaussy #elizabethwarren #massachusetts #notinghowblack