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The Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier to borrow- for a car, a home, a business deal, a credit card purchase- all of which will compound Americans' financial strains and likely weaken the economy.
The moves will compound Americans' financial strains and likely weaken the economy.
The Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier to borrow — for a car, a home, a business deal, a credit card purchase — all of which will compound Americans' financial strains and likely weaken the economy.
It will get costlier to borrow – for a car, a home, a business deal or a credit card purchase.
WASHINGTON (AP) — The Federal Reserve is poised this week to accelerate its most...