Here's a handy primer on how the Fed's interest rate works : NPRThe Federal Reserve just raised interest rates this week for the first time this year. So how does it actually work? And what does it mean for the economy — and the rest of us? Here are some answers.NPR20d agoWhole story →Economyfederal reserve rate hike
How will the Fed’s interest rate hike affect costs, the midterms?The Federal Reserve voted to raise its benchmark interest rate for the first time in three years. That means it will cost more to borrow money - at a time when many people are feeling squeezed by high prices. How could the Fed's decision affect people's finances and the midterms?This episode was produced by Gurjit Kaur and Karen Zamora, with audio…NPR22d agoWhole story →CultureEconomyfederal reserve rate hike
