Interest Rates Rising: Federal Reserve Ups Fed Funds Rate 0.25%

By | March 15th, 2017|

Interest rates are rising. This afternoon, the Federal Reserve Bank announced an increase in the federal funds rate of 0.25%, and indicated more rate hikes would follow. "Good afternoon. Today, the Federal Open Market Committee decided to raise the target range for the federal funds rate by 1/4 percentage point, bringing it to 3/4 to [...]