Credit Cards, Mortgages, and Car Loans: This is How Interest Rates Will Change With the Next Fed Decision | inflation | Univision money news

Regardless of the decision It would be a strong rally that even Federal Reserve Chairman Jerome Powell took for granted Judging by his last words. A few weeks ago, Powell warned that interest rates would continue to rise even if it weakened the labor market and the economy and dealt a blow to the nation’s households. The official emphasized that this would be necessary to avoid a much larger impact if inflation continued unchecked.

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