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Fed Raises Rates to Battle Inflation | Real Estate News
The Fed just raised rates by a quarter point to 3.75–4%, its first hike in three years, aiming to cool inflation while keeping cash flowing in banks—despite global uncertainty and solid business investment. The move hits wallets via loans and mortgages but is seen as necessary to get prices back to the 2% target. A press conference later today will reveal more details on their economic outlook. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public…
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