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5 Signs That Signal Interest Rates May Rise
6
Feb
5 Signs That Signal Interest Rates May Rise
In 2022 The Fed raised interest rates seven times, with the possibility of raising interest rates again in 2023 as they pursue cooling inflation. December 2022’s inflation rate was 6.5%, with the Fed Funds rate increasing to 4.4%, the rate banks borrow from The Fed. Consumers borrow from banks at a marked-up rate, generally 2% or more, depending on the