The Fed raises interest rates for the first time in over three years shared by Bethel Woods

@Beth · Sep 16

So I can rent a small old house for $3000/month or I can buy one for $5000/month. Cool cool cool.

The Fed raises interest rates for the first time in over three years

The Federal Reserve raised its benchmark interest rate Wednesday to combat stubborn inflation. That will make it more expensive to borrow money to buy a car or carry a balance on a credit card.

npr.org