Investing

The Fed raised rates again. What does this mean for your money?

Last week the Federal Reserve raised interest rates another 75 basis points in its quest to combat inflation. As of this writing, inflation is hovering at 9.1 percent.   Chairman Jerome Powell indicated that the Fed is committed to its target inflation of 2 percent.   That’s admirable, especially considering that since 1875, there have …

The Fed raised rates again. What does this mean for your money? Read More »