
EconomyReported
Fed Raises Rates in Quarter-Point Hike
The Federal Reserve's rate increase will affect borrowing costs for mortgages, credit cards, and auto loans, as well as savings account yields.
· 1 min read

The Federal Reserve's rate increase will affect borrowing costs for mortgages, credit cards, and auto loans, as well as savings account yields.
As the Federal Reserve continues raising its benchmark interest rate to combat inflation, financial outlet CNBC Select says borrowers can still find personal loans with favorable annual percentage rates.