Federal Reserve keeps interest rates same; how will that affect people?
The Federal Reserve declined to lower interest rates, keeping the federal funds rate in a range of 5.25 – 5.5%. This is the highest rate in 23 years and has been in place since July 2023. The Federal Reserve predicted faster rate cuts in 2025 and rates falling to 3.1% by the end of 2026. […]
Source: yahoo.com