The Federal Reserve is still expected to go through with a rate hike. What that means for you
Updated Mon, Mar 20 2023 11:34 AM EDT
https://www.cnbc.com/2023/03/20/federal-reserve-expected-to-hike-rates-again-what-that-means-for-you.html
Over the last 12 months, inflation spiked to a 40-year high and only recently started to ease, but all of that monetary policy tightening has been tied to issues that are disrupting the banking industry now.
For consumers, that means they must still pay a higher price to borrow while continuing to grapple with a persistently high cost of living — all while suffering a crisis of confidence when it comes to their savings accounts.
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Meet the Press - 3/19/23
https://www.nbc.com/meet-the-press/video/meet-the-press-31923/9000308301
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