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Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging

The New York Times – Business:

Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.

Aruni Soni
Author: Aruni Soni

This post first appeared in The New York Times – Business. Read the original article.

Written by

Aruni Soni

in

Banking and Financial Institutions, Federal Reserve System, Inflation (Economics), Middle East, Prices (Fares, Fees and Rates), Regulation and Deregulation of Industry, United States, United States Economy
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