Fed Raises Rates

[tjc3844]

1/4%. Pretty well telegraphed in advance. So, no surprise.

 

[KennyTheKangaroo]

It's official?

 

[NickleDimer]

The world is spiraling out of control.

 

[Bethlehem Steel]

which of the following happened more recently?

SJU (pa) wins an NCAA tournament game

The previous FOMC rate hike

 

[spg109876ers]

nm

 

[nardibynature123]

Will these mean I can get better rates from a savings account?

 

[KennyTheKangaroo]

I am under the impression that it will take some time until banks raise the rates on deposit accounts. This most recent increase will probably just go straight to the bottom line of banks.