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The Fed just marched ahead with an interest-rate hike — here’s what the increase means for your wallet
The Federal Reserve's interest-rate hike will push up interest rates for credit cards and other types of loans as banks raise the prime lending rate.
President Donald Trump renewed his attacks on the Federal Reserve and Chairman Jerome Powell, blaming them for stock-market wobbles and GM's layoffs.
Trump blasts Fed interest rate hikes after reportedly complaining about Chairman Jerome Powell at a GOP fundraiser in the Hamptons
President Donald Trump criticized the Federal Reserve's interest-rate hikes during a private GOP fundraiser in Southampton, New York, according to a new report. Trump apparently complained about Fed Chairman Jerome Powell's decision to move forward with rate hikes.
President Donald Trump's comments that he was "not thrilled" by the Federal Reserve's recent interest rate hikes drew concern that Trump was pressuring the Fed to keep rates low. But according to one economist, the comment may have the opposite effect.
The Federal Reserve's June interest-rate hike means banks are increasing their prime lending rate. In turn, this means interest rates for things like credit cards and loans from these banks will go up.
The Federal Reserve hiked interest rates on Wednesday, which means bank's prime lending rates for things like credit card also went up.
You can't be more certain than this.
The Fed may want 4 to happen, but Societe Generale Economists think they will only get 1.
20 years from now, economists will look to one thing to determine if the rate hike was successful or not
Wage growth is the key to the success of the Fed's monumental move.
"If the Fed moves as expected, a key will be if there are dissenting votes, and, if so, how many."