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✉news BusinessEconomy first seen 22 h ago, last 12 h ago, peak #10

Fed Signals Another Interest Rate Hike This Year

Original: Fed Telegraphs Another Interest Rate Hike This Year | Economy | U.S. News

The US Federal Reserve has signalled that it expects to raise interest rates once more before the end of the year, according to U.S. News & World Report. The warning points to continued efforts to bring down inflation, and would mean higher borrowing costs for households and businesses. Markets and economists are watching closely for confirmation of the timing and size of the move.

Why now: A possible further Fed rate hike affects mortgages, loans and markets, making it a topic of broad economic concern.

Federal ReserveUnited States

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