The Federal Reserve May Have Just Ruined Your Household Finances -- Use These Top Tips to Survive
Robert R. Johnson
Consumers are facing headwinds, as the Federal Reserve announced a quarter-point rate hike on Wednesday, launching short term interest rates above 1% for the first time since the 2008 Great Recession.
With the interest rising on variable rate loans, consumers who have large amounts of debt will see their borrowing costs rise.
Chang, Ellen, "The Federal Reserve May Have Just Ruined Your Household Finances -- Use These Top Tips to Survive" (2017). In the News. 2285.