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The Fed raises interest rates by a quarter-point : NPR

The Federal Reserve raised its benchmark interest rate Wednesday to combat stubborn inflation. That will make it more expensive to borrow money to buy a car or carry a balance on a credit card.

Coverage (1)· Sep 16, 9:00 AM

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NPR· Sep 16, 9:00 AMThe Fed raises interest rates by a quarter-point : NPR

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Fed rate hike hits credit cards and car loans as mortgage costs climbThe Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers

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Trump responds to new Fed chairman Kevin Warsh raising interest ratesPresident Trump on Wednesday called on the Federal Reserve to lower interest rates just hours after his hand-picked head of the central bank raised them for the first time in years.

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Economy fed rate hike

Here’s what a Fed rate hike means for your mortgage, car loan and credit cardsThe Federal Reserve raised interest rates Wednesday for the first time since 2023, but that won’t mean the mortgage rate or car loan you’ve been eyeing will suddenly shoot up.

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Economy fed rate hike

Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023The Clarity Act failed to pass and FOMC hiked rates, and yet, crypto majors are green and alt leaders are flying. What does it mean?

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Economy HR 8957 HR 10357 fed rate hike

How the Fed rate hike impacts mortgages, car loans, credit card debtThe Federal Reserve just raised its benchmark interest rate. Here are some ways that could impact your wallet.

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