Getty Images Key takeaways The Federal Reserve hiked interest rates for the sixth time this year on Wednesday The 75 basis point (0.75%) rate hike is the fourth consecutive hike of its size Though inf...
Tag: rate hike
What The Fed’s November Rate Hike Means For Investors
Getty Images Key takeaways The U.S. central bank is preparing to release November’s Fed rate hike decision by Wednesday Investors and economists widely expect the Fed to hike interest rates by 0.75% i...
What Investors Need To Know As Interest Rates Rise
| Getty Images Key Takeaways Current mortgage rates are around 7.05%, close to the highest since 2008. Rates are expected to climb as the Federal Reserve increases the federal funds rate. Each housing...
U.K. Central Bank Forecasts Recession This Year—Joining U.S. And Eurozone With Historic Rate Hike
Topline The Bank of England on Thursday predicted that the U.K. will fall into a recession in the final quarter of this year as it announced its steepest rate hike in nearly three decades, following s...
What The Fed Rate Hike Means For The Markets And Investors
Federal Reserve Chairman Jerome Powell Getty Images The Federal Reserve announced this week that it’s raising rates by 50 basis points. The Fed raised its main interest rate by half a percentage point...