TJX declares $0.48 dividend
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The increase will add to interest costs for credit-card borrowers but won‘t directly affect mortgage rates.
The US Federal Reserve cited persistent inflation as it raised interest rates for the first time since 2023, aiming to support target levels.
The Federal Reserve raised interest rates today for the first time since July 2023 and flagged further increases in borrowing costs in coming months.
Texas Intermediate (WTI) Oil holds near its daily low on Wednesday, showing little immediate reaction to the Federal Reserve’s (Fed) monetary policy announcement.
This was a hawkish meeting, with a unanimous vote for a hike, and more hikes indicated.
The Fed’s quarter-point interest-rate hike will ‘bite’ consumers. Here’s how to prep your money.