Today news
About the same in other media
How Fed Rate Increases Hit Americans’ Monthly Budgets
Reading now: 814
wsj.comThe Federal Reserve is expected to raise rates another 0.75 percentage point on Wednesday in its continuing effort to stamp out stubbornly high inflation. Americans are only beginning to feel the full impact of these moves.
By raising rates, the Fed seeks to cool the economy and rein in inflation, which continued to run higher than expected in August. Higher interest rates raise the cost of carrying credit-card balances and taking out mortgages, car loans and other debt, but consumers may not immediately feel the effects. Even outsize increases like the central bank’s recent hikes reach wallets and the broader economy somewhat gradually over weeks and months, economists say.
Read more on wsj.comAbout this in other media
DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined cointelegraph.com /2 years ago
Fed Vice Chair Brainard warns against retreating from inflation fight prematurely cnbc.com /2 years ago
Kirkland & Ellis targets ‘untapped potential’ in private equity with Magic Circle raid fnlondon.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Cardano [ADA] holders going long this week should read this](https://fvbb.com/storage/thumbs_400/img/2022/9/30/42442_y9yh5.jpg)
