תפריט כתבה
The Fed just raised rates by a quarter point. Here's how that rate shift could now impact mortgage rates.
The consequential move arrives less than two months before the midterm elections.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
The Federal Reserve on Wednesday raised its benchmark interest rates for the first time since 2023, in a move aimed at slowing inflation.
With inflation and consumer prices on the rise, Wednesday’s meeting of the Federal Reserve is being closely watched to see what the board will signal about interest rates, now and into the future. NBC’s Brian Cheung joins TODAY to break down how the Fed is expected to raise interest rates for the first time since 2023 and for the first time under newly minted chairman Kevin Warsh.
