News 27

Five ways Americans will feel the latest interest rate hike

The Federal Reserve raised its benchmark rate by 75 basis points in its campaign to drive borrowing costs high enough to bring down 40-year high inflation. Here's how the rate hike will affect Americans. #News #Reuters #federalreserve #ratehikes #inflation Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram:


See more +