The Federal Reserve has announced its latest interest rate decision. This move is closely watched across the United States.
Officials are trying to control inflation while keeping the economy stable. Rate changes directly affect borrowing and spending.
Higher interest rates can make loans, credit cards, and mortgages more expensive. Lower rates can make borrowing easier for consumers.
Higher interest rates can make loans, credit cards, and mortgages more expensive. Lower rates can make borrowing easier for consumers.