what’s all the yellen about?

How The Fed’s Interest-Rate Hike Will Affect Consumers

How The Fed’s Interest-Rate Hike Will Affect Consumers

The Federal Reserve’s latest increase in short-term interest rates will have only a modest impact on consumer borrowing costs. But if the central bank continues to push up rates, which seems likely, then consumers should be adjusting their borrowing strategies now to minimize the impact later on. [More]