After experiencing two years of increases in interest rates, which led to significant spikes in mortgage and credit card rates, investors and consumers alike are eager to know when the Federal Reserve intends to reduce interest rates. Simply put, the Fed is waiting...
central bank
Are the Fed’s Rate Increases Actually Slowing Inflation?
When the Federal Reserve raises interest rates, it is aiming to slow down inflationary pressures by making borrowing more expensive. Higher interest rates can discourage consumer and business spending, which can potentially slow down inflation. The Fed recently...