Marketplace®

Daily business news and economic stories
Jun 16, 2022

Interest rate hikes can come with a cost

Fresh off the Fed’s interest rate hike, we look at how the federal funds rate – which affects consumer debt – could impact monthly payments on things like car loans and mortgages. Bear markets are a harrowing time for everyone, but especially nonprofits. Michael Schumacher of Wells Fargo discusses market activity with us.

Interest rate hikes can come with a cost
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The Team

Interest rate hikes can come with a cost