Fed Holds Rates at 3.75%-4%: What the Pause Means for Your Money
The Federal Reserve held rates steady on October 28, but two officials wanted a hike. Here is what the decision means for loans, savings and stocks.
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Our economics coverage explains what is happening in the world of money, from interest rates, inflation and stock markets to trade, jobs and government budgets. We break down the numbers, explain why they matter to everyday life, and avoid jargon wherever we can.
The Federal Reserve held rates steady on October 28, but two officials wanted a hike. Here is what the decision means for loans, savings and stocks.