The Federal Reserve increased interest rates by 0.75% to help cool the high inflation, but it will make the costs of taking out a mortgage, car loan, or business loan more expensive.
The Federal Reserve increased interest rates by 0.75% to help cool the high inflation, but it will make the costs of taking out a mortgage, car loan, or business loan more expensive.
Stocks ended mostly higher on Wall Street, closing out the market’s latest winning month. The S&P 500 shook off a midday slump..
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials..