How Fed Rate Hikes Hit Your Wallet

Get ready for higher rates on your credit cards after more rounds of Fed rate hikes this year and next.        

Topics:  fed   
BING NEWS:
  • Wells Fargo offers sobering outlook for rate cuts
    Economists at Wells Fargo & Co. (NYSE: WFC), the second-largest bank in Houston, reined in their expectations for the pace of rate cuts in the year ahead as progress on fighting inflation has slowed.
    12/12/2024 - 11:55 pm | View Link
  • Explainer-How likely is a Bank of Japan rate hike next week?
    The Bank of Japan holds its final policy meeting for the year next week with its decision to be announced just hours after that of the U.S. Federal Reserve's expected interest rate cut. Here is a ...
    12/12/2024 - 4:41 pm | View Link
  • November inflation increase won't derail Fed interest rate cuts
    Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
    12/11/2024 - 6:05 am | View Link
  • Inflation increased in November, complicating Fed's next rate decision
    The inflation gauge makes up the last piece of significant economic data before the Fed announces its next interest rate decision on Dec. 18. A finding of accelerated price hikes may give the Fed ...
    12/11/2024 - 2:54 am | View Link
  • BOJ Is Said to See Little Cost to Waiting for Next Rate Hike
    Bank of Japan officials see little cost to waiting before raising interest rates while still being open to a hike next week depending on data and market developments, according to people familiar with ...
    12/10/2024 - 8:33 pm | View Link
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