In a recent address to other central bankers at the European Central Bank’s annual symposium in Sintra, Portugal, Federal Reserve Chair Jerome Powell said that the Fed’s fight against inflation could extend over several years.According to the Wall Street Journal report, Chairman Powell hinted that the Feds will likely continue to raise interest rates in the foreseeable future … [Read more...] about 7 Ways to Manage Your Finances During Persistent Inflation
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What Does the Federal Reserve Interest Rate Hike Mean for Your Personal Financial Recovery?
Photo by Brett Sayles from Pexels So, you probably have heard that the US Federal Reserve Board is raising the interest rate for the first time in three years (well, unless the only news you care about these days is Kanye, Kim, and Pete). All the financial news outlets reported the Feds raised the interest rate today by a quarter percentage point.Policy watchers expect … [Read more...] about What Does the Federal Reserve Interest Rate Hike Mean for Your Personal Financial Recovery?