Interest Rate Hike Possible

The Federal Reserve will announce today whether or not there will be an increase in interest rates to fight high inflation. It could be the central bank’s first rate hike since July of 2023. Edward Lawrence with Fox Business News has more on what the president wants to hear…

“President Donald Trump has made no qualms about the fact that he wants interest rates lowered. And he argues that the economy growing will keep the interest rates at lower rates. Now he argues that the lower interest rate could also cost less to finance the debt.”