Everything You Need To Know About How The Rate Hike Will Affect Your Wallet
Robert R. Johnson
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%.
McGrath, Maggie, "Everything You Need To Know About How The Rate Hike Will Affect Your Wallet" (2015). In the News. 795.