Join Our Deals List to Find Your Next Deal!

Feds Plan to Raise Rates 3x in 2022, What Does This Mean For You?

By Judy Woodruff

Fed Interest Rate Hike 2022

Federal Reserve officials announced they are prepared to fight inflation with a series of interest rate hikes next year, suggesting it will begin earlier than they projected just months ago.

The Fed’s benchmark rate, which affects borrowing, lending and economic growth, has been near zero since the start of the pandemic, in an effort to boost the recovery.

But, today, Fed Chair Jay Powell said there could be as many as three rate hikes next year, starting next spring, in an effort to cool persistent rising prices.

Gil Gutierrez

Get More Info On Options To Sell Your Home...

Selling a apartment in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

Download Your FREE "Pros, Cons, and Pitfalls" Guide Below

Just put in your name and email, click "Submit" and we'll email you the Free Guide right away.
  • We never rent, sell, or share your info with anyone. It's not cool and we hate spam

  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *