The Federal Reserve and your money
The U.S. central bank is hiking rates at the fastest pace in decades, impacting how much you pay to borrow and how much you earn when you save. Get advice and stay informed on what to do with your wallet.
The Fed's impact on your wallet
The Fed and credit card rates
The Fed will continue on its course of rate-tightening until it sees inflation getting muted. This will impact credit card interest rates, with variable rates headed higher.
How the Fed affects savings rates
For savers, here’s what to consider when the Fed raises interest rates.
How Fed rates impact student loans
Some borrowers may want to pay attention to the Fed’s rate adjustments.
Essential reading
What is the Federal Reserve’s balance sheet?
6 min read
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