Thursday, December 15, 2016

Sean Talks Money: What the Fed Rate Hike Means for Savers, Borrowers

If you’re a saver, congratulations. Your money may soon be more valuable. If you’re indebted, I’m sorry to say that your debt is only getting more expensive. Either way, the Federal Reserve’s decision to boost interest rates by 25 basis points, a 0.25-percentage-point increase, will likely affect you soon. The Fed’s decision affects the prime...


from NerdWallet
https://www.nerdwallet.com/blog/credit-cards/sean-talks-money-fed-rate-rises-pay-credit-cards/

No comments:

Post a Comment