How Fed Rates Influence Mortgages, Credit Cards, Savings and More
1. The Fed plans to keep rates steady at 4.25-4.5%. 2. Consumers will face higher borrowing costs; savers benefit from stable yields. 3. Uncertainty around Trump's policies may delay future rate cuts. 4. Long-term rates are decreasing, affecting borrowing costs. 5. Inflation remains a concern, influencing Fed's decisions.