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The Fed just raised rates. Here’s what it means for borrowers and savers

The Federal Reserve’s rate hike will change what you can earn on new savings products and what you’ll pay on new loans and credit card debt.

Coverage (1)· Sep 16, 8:39 PM

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Cable News Network· Sep 16, 8:39 PMThe Fed just raised rates. Here’s what it means for borrowers and savers

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Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cutThe move comes as Americans are already struggling with high costs for groceries, gas, and housing. Affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away.

The Philadelphia Inquirer19d agoWhole story →

Economy federal reserve rate hike

Expert offers debt advice after Federal Reserve raises interest ratesA credit counseling expert warns the Fed’s quarter-point rate increase could deepen pressure on households carrying costly credit card debt.

WJLA19d agoWhole story →

Economy federal reserve rate hike

The Federal Reserve just raised interest rates for the first time since 2023. Here's how mortgage rates may respond.The Fed just raised rates by a quarter point. Here's how that rate shift could now impact mortgage rates.

CBS News19d agoWhole story →

Economy federal reserve rate hike

Federal Reserve is expected to raise its benchmark rate, defying Trump's demandsThe Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high

Breitbart News Network20d agoWhole story →

Economy Donald Trump federal reserve rate hike

What it means for your moneyThe Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.

CNBC21d agoWhole story →

Economy federal reserve rate hike

Since

What are the financial benefits of higher interest rates? Experts explainThe Federal Reserve recently raised interest rates for the first time since 2023.

KABC-TV12d agoWhole story →

Economy federal reserve rate hike

Fed’s Paulson says modest further rate increases may be neededFederal Reserve Bank of Philadelphia President Anna Paulson said additional interest rate increases may be needed to ensure inflation returns to the central bank’s 2% goal.

Spokane Spokesman-Review11d agoWhole story →

Economy federal reserve rate hike

Fact Check Team: What higher interest rates mean for mortgages, borrowers and saversMortgage rates are back above 7%, adding to the financial pressure facing prospective homebuyers as the Federal Reserve raises its benchmark interest rate.

Baltimore News11d agoWhole story →

Economy federal reserve rate hike

Dollar set for weekly gains as yields surge, Fed bets buildThe dollar was set for its first back-to-back weekly gains in more than three months on Friday, as surging Treasury yields and mounting bets on further Federal ‌Reserve rate hikes kept the greenback near multi-month peaks.

Reuters11d agoWhole story →

Economy federal reserve rate hike

Federal Reserve rate hike reflects new world of sticky inflation and faster growthPresident Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than

Breitbart News Network10d agoWhole story →

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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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Fact Check Team: What higher interest rates mean for mortgages, borrowers and saversMortgage rates are back above 7%, adding to the financial pressure facing prospective homebuyers as the Federal Reserve raises its benchmark interest rate.

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The Fed might raise interest rates Wednesday. How could it hit Gainesville?The Federal Reserve is expected to raise interest rates on Wednesday for the first time since July 2023, reversing a series of cuts made in 2024 and 2025. The Fed, which is the U.S. central bank, conducts monetary policy by setting the interest rate banks charge each other to borrow money overnight. Any changes ripple outward, and it impacts Gainesville…

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