The Federal Reserve Is Raising Interest Rates. Should You Be Worried?
fyi.moneyguy.com
The Federal Reserve slashed interest rates to effectively 0% at the beginning of 2020 to combat the sharp drop in demand and sharp rise in unemployment caused by the Covid-19 pandemic and shutdown of businesses across the country. Before 2020 rates had risen to just over 2%, but for the better part of the decade interest rates have hovered at and around 0%.
The Federal Reserve Is Raising Interest Rates. Should You Be Worried?
The Federal Reserve Is Raising Interest…
The Federal Reserve Is Raising Interest Rates. Should You Be Worried?
The Federal Reserve slashed interest rates to effectively 0% at the beginning of 2020 to combat the sharp drop in demand and sharp rise in unemployment caused by the Covid-19 pandemic and shutdown of businesses across the country. Before 2020 rates had risen to just over 2%, but for the better part of the decade interest rates have hovered at and around 0%.