EconomyWhat do higher rates mean for borrowers and savers?

The U.S. Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, marking its first increase in more than three years. The move raises questions about how borrowers’ and savers’ finances will be affected.

Federal Reserveinterest ratesborrowerssavers

RReuters★★★☆☆2026-09-16 23:30Original