1371: Ask Farnoosh: How Will Rising Interest Rates Affect Me? Will the Fed's Rate Hike Work?
So Money with Farnoosh Torabi
English - June 17, 2022 18:16 - 28 minutes - ★★★★★ - 1.7K ratingsEntrepreneurship Business business entrepreneurship entrepreneur finance marketing health investing leadership success money Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
So many financial questions stemming from the week's Fed rate hike. The Federal Reserve raised the fed funds rate by a whopping 75 basis points, the steepest increase since 1994, in an effort to stem inflation. Is this the right move? What will rising rates mean for our finances? Is a recession now more likely and, if so, how will that affect investments, savings and more?
Want more articles and videos by Farnoosh? Check out www.cnet.com/somoney.
Subscribe to her weekly So Money newsletter for the latest updates and advice.
Learn more about your ad choices. Visit megaphone.fm/adchoices
So many financial questions stemming from the week's Fed rate hike. The Federal Reserve raised the fed funds rate by a whopping 75 basis points, the steepest increase since 1994, in an effort to stem inflation. Is this the right move? What will rising rates mean for our finances? Is a recession now more likely and, if so, how will that affect investments, savings and more?
Want more articles and videos by Farnoosh? Check out www.cnet.com/somoney.
Subscribe to her weekly So Money newsletter for the latest updates and advice.
Learn more about your ad choices. Visit megaphone.fm/adchoices