Fed rate hike: What to do with your money now
Just as analysts predicted, the Federal Reserve raised interest rates by another quarter point on July 26, bringing the benchmark borrowing rate to 5.25%-5.5% — its highest level in 22 years.
Just as analysts predicted, the Federal Reserve raised interest rates by another quarter point on July 26, bringing the benchmark borrowing rate to 5.25%-5.5% — its highest level in 22 years.