What Does the Interest Rate Hike Mean for American Consumers?
NBC News Top Stories ·
The Federal Reserve raised interest rates for the first time since 2023 on Wednesday in a move aimed at slowing inflation. NBC’s Brian Cheung joins TODAY to break down how the 0.25% hike will impact credit cards, mortgages and the cost of food and gas.
The Federal Reserve raised interest rates for the first time since 2023 on Wednesday in a move aimed at slowing inflation. NBC’s Brian Cheung joins TODAY to break down how the 0.25% hike will impact credit cards, mortgages and the cost of food and gas.