Fed Raises Rates a Quarter Point, Expects ‘Ongoing' Increases
The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting.
Federal Reserve Chair Says Rates Will Rise ‘Until the Job Is Done' Combating Inflation
Federal Reserve Chairman Jerome Powell delivered his annual policy speech and reiterated that the central bank will continue to flight inflation even as it brings “some pain to households and businesses.”
How the Federal Interest Rate Impacts Your Wallet
Despite inflation being at its highest rate in 40 years, the Federal Reserve decided to raise interest rates. That change could affect your personal finances like student loans and credit card debt. News4’s Susan Hogan explains what it all means for your wallet.