In an effort to curb rising inflation, The Federal Reserve just announced an interest rate hike of 25 basis points (one quarter of one percent). It’s the first time the Fed has raised such rates since 2018. So, what exactly does this mean and…
In an effort to curb rising inflation, The Federal Reserve just announced an interest rate hike of 25 basis points (one quarter of one percent). It’s the first time the Fed has raised such rates since 2018. So, what exactly does this mean and…