The U.S. Federal Reserve's monetary policy statement confirms the idea that it will be difficult to turn the back on inflation and that we will sail with high interest rates for virtually all of 2023. How much, we don't know. The Fed raised the federal funds rate by 75 basis points to a new range of 3- 3.25%; that was already expected.
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
EDITORIAL: Deficit spending without consequence? Think again
Prepare for the Fed's increase to hit your wallet and portfolio
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News