Is the Fed done raising interest rates? Despite stubborn inflation, officials hint they’re likely done
Key takeaways
The Federal Reserve has most likely completed its most aggressive rate-hiking campaign in four decades, bringing interest rates to a 23-year high of 5.25-5.5 percent after 11 rate hikes.
After focusing on inflation for the past two years, Fed officials may start to shift their focus to minimizing harm to the job market, with unemployment edging up and the economy normalizing.
Consumers can take advantage of higher interest rates by eliminating high-cost... Читать дальше...