Posted by FM+ (99..201.63) on March 14, 2022 at 09:12:30:
In Reply to: Re: HA ơi! posted by Hải Âu on March 14, 2022 at 09:02:52:
What happens when the Fed hikes rates?
A Fed rate increase can slow the economy by pushing up borrowing rates and raising the annual percentage rate on savings. If rates rise, it becomes more costly to borrow money. When the Fed boosts its lending rate, consumers and businesses can see increased costs for borrowing, which can discourage spending.