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Bookmark or Share- What Happens When The Fed Raises Interest Rates? - ForbesWhen the Fed raises the federal funds target rate, the goal is to increase the cost of credit throughout the economy. Higher interest rates make loans more expensive for both businesses and...
- Federal Reserve raises key rate to highest level in 22 years | AP NewsWednesday’s move raised the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level since 2001. Coming on top of its previous hikes, the Fed’s latest action could lead to further increases in the costs of mortgages, auto loans, credit cards and business borrowing.
- Federal Reserve Meeting Fed Raises Rates Again - The New York TimesFederal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
- This is what it could take for the Fed to hike interest ratesThe surprising strength of the U.S. jobs market and the stickiness of inflation have led economists to mull what was once unthinkable — a possible interest rate rise by the Federal Reserve this ...
- Federal Reserve raises interest rates to highest point in more than 20 ...The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S....
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