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Breitbart Business Digest: The Fed Might Be Hiking at the Wrong Moment

It's almost a certainty that the Federal Reserve will raise interest rates on Wednesday. But the Fed could afford to wait—and probably should. | Economy

Sources (1)· Sep 14, 2:17 PM

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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…