In the News

Title

Everything You Need To Know About How The Rate Hike Will Affect Your Wallet

Document Type

Article

Publication Date

12-16-2015

Abstract

For the first time since 2006, the Federal Reserve has announced that it will raise interest rates by 25 basis points. This means that it is increasing the target for short term interest rates to a range of 0.25% to 0.50% from a range of 0% to 0.25%.